Just wait until GabeN retires and the inheritors of Valve start to enshittify it. Unless GabeN had a good succession plan in place, or GoG can swoop in and become the new standard, things might get rough. I might stick to retro games from then on.
Steam is privately held, so there's plenty of reason to be hopeful. The recent rapid enshittification of what feels like every company is mostly due to US laws that require publicly traded companies to squeeze every last dollar out or face severe penalties. Privately held companies are not subject to those laws, and so they can stay actually decent and care about their customers without threat of legal repercussions. An example is Lego Group - there's some valid criticism, but legos have stayed a top quality product for nearing a hundred years - and show no signs of suddenly degrading in quality. So, I wouldn't worry unduly about this until Valve announces an IPO. Then you should start worrying.
If you breach fiduciary duty the best thing you can hope for is to be fired. Executives have been criminally charged for it as well though. And while it has to be an intentional act of malfeasance, that gets pretty blurry when the shareholders hire thousand dollar an hour lawyers to come after you.
So while yes, the root cause is greed, the system itself is setup to feed that.
It's more complicated than just one law that says "you must be a bastard" I admit, but fiduciary responsibility is a core requirement of any publicly traded company and very much is legally enforceable (this parenthetical aside stands in for about three pages of niche caveats and overly wordy exceptions that I'm just going to shamelessly handwave away). At best a CEO might be found to be civilly liable, but peasantsnon-C-suite employees are criminally charged for neglecting their fiduciary duty every day in the US.
Absolutely, but fiduciary responsibility, has never and was never intended to mean absolutely maximizing profits and especially at the long term expense.
That was a twisted idea that was put forward in the late 70s early 80s as a means to justify destroying companies for short term gain.
My hope is that Gabe actually gets direct brain connection technology off the ground and he uploads his consciousness into an everlasting machine so he never has to retire.
I bought BG3 on GOG simply because it was on GOG, otherwise I would have waited a few years. I want to support AAA games being release on GOG at release because it doesn't happen much. GOG isn't gonna take over Steam, because largely the industry isn't going to support DRM free AAA games.
Not only do they not understand, they actively don't care: they have a product-agnostic business process that can convert any type of stable business into a pile of extracted equity and spare parts. They are literally bleeding their own society to death
At least actual vampires would probably have the good sense not to destroy the breeding stock that keeps them alive.
Because most of these MBA fucks don't understand the concept of piracy being a service problem. They have run perfectly fine systems into the ground because they insist on making it infinitely harder to use legit services than to just rip shit off.
Thats interesting, I hadn't connected those before. I think it would be hard to argue in favor of separate expectations for inflation of wages and the companies profits.
Like I understand having a stellar year, but the goal is still set the same, and its fine to return tk that baseline next year. Or maybe even doing well one year means we can lower the goal next year, or bank the difference for bad weather years.
Would be interesting if companies had an interest in the long term like that.
Oh geez there's so many people tend to write articles about the general phenomenon rather than specific examples.
One of the biggest recent examples though has got to be Boeing. While they're a publicly traded company, they resisted the call of greed above all until they merged with McDonnell Douglas and the MD executives won the battle for control of the merged company. Things went on a decades long slide after that which resulted in hundreds of deaths and a chain of high profile mechanical failures we're still not sure is over.
For privately held corporations it's all about that new leadership. In fact around 70 percent of family run ones fail in the second generation. But any generation can run the business into the ground or change it up. Bancroft and Barings are great examples of that. Barings was 232 years old when it went bankrupt under mismanagement.
Whether or not we believe it will be true, Gabe has said that he will release code that will allow you to play every game you've bought on steam without steam service if ever things headed in that direction.