I think it more has to do with the fact that Videogames have become very mainstream and very profitable, and many people are looking to make money as opposed to driving the industry forward. Just as there are still standout movies, I still feel that there will be standout games years from now.
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True, but will there come time when even the motivation for money out weighs the availability for profitable content?
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Profit motive is what drives innovation in the first place.
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Well, yes, but there are plenty of people who aren't as willing to take the risk to innovate when they are already making enough money.