GTA VI Economical impact

[Floczy]

I guess most us are aware of the upcoming GTA 6  

Well this is just a game, but even before the release of this so called "just a game", there has been observations of significant impact in the economy world wide, and that has brought individuals and companies to a realization that this is no ordinary game, and it will affect the flow of their business in one way or another, some are looking for ways to be able to manage the situation and as well preparing for the impact of the release, As a matter of fact the Australian government has gone as far as reminding employers to take evidence of illnesses or injury from their employees as a reason not to come to work.

The anticipation of this game will Make individuals want to play it and as a result keeping workers at home, and with so much workes staying at home, analyst predicted loss of over billions of dollars worldwide, meanwhile on the other end, what the game will put into the economy back will more significant than the losses I guess making a worldwide retest and rally
Already the apart from game market itself the selling of PS5, gaming chairs, tables and other aesthetics has been one of the best this period so far, streaming apps like twitch getting ready for the release making new gaming deals and collaborations, even the music industry will be impacted, here's a report of cliff Richard already going viral because of GTA 6, meanwhile he has no ite what GTA is   https://www.dexerto.com/gta/cliff-richard-has-no-idea-what-gta-6-is-despite-being-on-soundtrack-3422380/

Well with all these going on, it may seem fun but no one really know the full potential the realse of this game has even to Bitcoin it's self, and other aspects of our financial activities, we have just have to stay guided, observant and in all know that this will definitely pass by and it should not be a reason why you will make some financial decisions like risking losing your jobs, or selling your Bitcoin if the game affects it, or turning down deals, or even giving your family less time this festive period, and more. We should be aware that the impact is temporary and should no make us make decisions that will affect our already programed routines or Targets

[Taricoins]

I think i first saw this news from NewsDaddy while scrolling through Tiktok. Alot of people don't know how long we have anticipated the launching of GTA IV, companies have to be very flexible about this sick leave has restrictions on that could reduce the morale of the employees. It seems like this launching as created a significant impact on the entertainment sector as songs played on the Rockstar radio in game saw artists followers grow over 10x, the pre-order revenue reaching over $1billion, this provide ample revenue in tax generation and even boost the GDP of areas where Rockstar North is based. But sill with its advantages, revenue from software purchase will shift from the hospitality sector to tech because alot of money is being spent there in this festive El Nino, lol, period.

[SatoPrincess]

I don’t think there is any real problem here. Real gamers have booked their holidays six months or even a year ago so they can play GTA 6. There is no excuse for companies not to have staff available to cover for those days when they have been given enough time to make the necessary adjustments.

[slapper]

I don’t think there is any real problem here. Real gamers have booked their holidays six months or even a year ago so they can play GTA 6. There is no excuse for companies not to have staff available to cover for those days when they have been given enough time to make the necessary adjustments.

Totally get the point...but that's assuming people work in an office where they have loads of holiday time saved up and can plan their time off in advance. If you're between the ages of 19-25 there's a good chance you work in retail/warehouse/delivery or some other entry level gig where you have barely any leave to take and your boss makes a roster two weeks out. That means you can't plan a trip a year in advance so are more likely to call in sick on launch day. Probably why the Australian regulator OP mentioned bothered reminding people your boss can ask for proof if you're faking it. Folks in an office with loads of PTO time aren't calling in sickas much.

Most bosses would just crack down on people skiving off, but Logitech turned the tables on Launch Week by giving its whole 7,000-strong workforce a paid day off! Smart move on their part. After all, while it costs them a day to take their staff off work, they also get a free mention in the media, and the morale boost Taricoins was on about. In their case, it makes sense - they manufacture gaming gear! You can't fight fake sick days - best to embrace the hype!

Honestly think about what this is. A video game release date is something HR plans around, almost like a public holiday that nobody voted for. Historically, dates that stopped work were for religious or national observation. Now there's a studio in Edinburgh deciding to release a video game on a Thursday and millions of people's lives revolve around it. Wild. Rockstar won't have a PC version at launch so loads of PC players went and got a PS5. Sony crossed 100 million consoles last week, right before release, I'm pretty sure that's not a coincidence. Rockstar basically sold Sony's hardware for them.

The HR department is apparently in need of a GTA calender, which I find rather funny. No crisis here, though, agreed.

[Victorybit1]

I don’t think there is any real problem here. Real gamers have booked their holidays six months or even a year ago so they can play GTA 6. There is no excuse for companies not to have staff available to cover for those days when they have been given enough time to make the necessary adjustments.

Maybe there were no staff to put in replacement of the excused staff because the backup staff are also anticipating playing the game. Honestly I don't think everyone is a game freak but in certain sectors like the tech area, this event has the tendencies to see alot of staff absent for this anticipated event. I just pity local bandwidth as alit of downloads will be taking place

[o48o]

I guess most us are aware of the upcoming GTA 6  

Well this is just a game, but even before the release of this so called "just a game", there has been observations of significant impact in the economy world wide, and that has brought individuals and companies to a realization that this is no ordinary game, and it will affect the flow of their business in one way or another, some are looking for ways to be able to manage the situation and as well preparing for the impact of the release, As a matter of fact the Australian government has gone as far as reminding employers to take evidence of illnesses or injury from their employees as a reason not to come to work.

The anticipation of this game will Make individuals want to play it and as a result keeping workers at home, and with so much workes staying at home, analyst predicted loss of over billions of dollars worldwide, meanwhile on the other end, what the game will put into the economy back will more significant than the losses I guess making a worldwide retest and rally
Already the apart from game market itself the selling of PS5, gaming chairs, tables and other aesthetics has been one of the best this period so far, streaming apps like twitch getting ready for the release making new gaming deals and collaborations, even the music industry will be impacted, here's a report of cliff Richard already going viral because of GTA 6, meanwhile he has no ite what GTA is   https://www.dexerto.com/gta/cliff-richard-has-no-idea-what-gta-6-is-despite-being-on-soundtrack-3422380/

Well with all these going on, it may seem fun but no one really know the full potential the realse of this game has even to Bitcoin it's self, and other aspects of our financial activities, we have just have to stay guided, observant and in all know that this will definitely pass by and it should not be a reason why you will make some financial decisions like risking losing your jobs, or selling your Bitcoin if the game affects it, or turning down deals, or even giving your family less time this festive period, and more. We should be aware that the impact is temporary and should no make us make decisions that will affect our already programed routines or Targets

If anything it will probably shortly drop crime rate, injury rate and increasing need for takeaway food and divorces in a long run when people are too busy focusing on that.

I mean it's still a freaking game, even if it's very good one. We have survived from PANDEMIA which closed most jobs, so i am pretty sure that one week of new GTA isn't anything next to it.

[SatoPrincess]

I don’t think there is any real problem here. Real gamers have booked their holidays six months or even a year ago so they can play GTA 6. There is no excuse for companies not to have staff available to cover for those days when they have been given enough time to make the necessary adjustments.

Totally get the point...but that's assuming people work in an office where they have loads of holiday time saved up and can plan their time off in advance. If you're between the ages of 19-25 there's a good chance you work in retail/warehouse/delivery or some other entry level gig where you have barely any leave to take and your boss makes a roster two weeks out.

You’re right about that. People who work in warehouse, delivery, and most blue collar jobs do not get unlimited PTO, however, because of the way the system is structured, isn’t it normal for these companies to have contract with agencies that provide cover staff who specifically for this kind of shifts if that makes sense.

[henmark]

Well with all these going on, it may seem fun but no one really know the full potential the realse of this game has even to Bitcoin it's self, and other aspects of our financial activities, we have just have to stay guided, observant and in all know that this will definitely pass by and it should not be a reason why you will make some financial decisions like risking losing your jobs, or selling your Bitcoin if the game affects it, or turning down deals, or even giving your family less time this festive period, and more. We should be aware that the impact is temporary and should no make us make decisions that will affect our already programed routines or Targets

Man, I don't understand why this is being taken so negatively all around the world when it is nothing to be negative about. What's wrong with governments and companies and everyone? I understand that if there are mass leaves on a single day, it can create problems, but we all know that there will always be people who are not actually into these things, which means that if in an office, there are 30 employees, probably 20 or 25 out of them have no interest in playing videos games or are into them so much that they may possibly take a leave to play the game on its day of release. So, those who want to do it should be allowed to do so, and let them enjoy one day in their life.

This should only have positive impacts all around. People will buy gaming consoles, computers, graphics cards, headphones, and everything else they might need to play the game, and that's good for the companies, and those who will spend money on these things can obviously afford to do it which is why they are doing it. Those of us who can't afford to spend so much money on buying a PS5 and then buying the game itself wouldn't do it, we will just wait for the right time to enjoy, and it might be with another game if not this one.

Overall, I think there should be no negativity around this, just let people enjoy it, it's only about the first day, most probably, then the hype will go down.

[Xackie]

All I know is that Rockstar games are making billions dollars this month.  Everyone is aware on how many times they postpone the release of this GTA VI . It's going really have a huge economic impact, especially for the game owners and retailers. Gamers are going to be spending lots of money buying the game, upgrading their gaming setups and probably purchasing consoles especially for peoplewho don't have PS5 or gaming PC (wait will it even be available for PC users?).. I can't imagine the rush when it's being sold in the retail stores. People are going to spend hours playing this game , they might even miss their daily activities. This will print money also for gamers and streamers who will be playing it online.

[tsaroz]

We know GTA 6 is going to be the highest earning video game ever. They have almost always beat their own records. We also know this would increase the price of Take Two Interactive Software stocks. They were already climbing for a while and in last 20 days, went from 190 to 227 today. It would be a good profit to the company and a deserving one as they have spent more than a decade building this game.
On other overall economy, it would impact on the sales of computer and parts but with the price hike on storages, I think most of the people would try to run it on the hardware they already have, the good thing is the gaming gpu hasn't have dramatic improvement for some years now so it makes older GPU as useful to run the game.

[Coyster]

Maybe i am getting a little old, but are you saying people are going to call in sick just to play GTA 6 at home, don't blame me for asking, but i have never played any version of Grand Theft before. I saw somewhere that it is the most preordered game of all time, that's crazy and it explains the buzz around it, but i'd never understand people doing crazy stuffs over a game.

That said, i am not sure the economic impact is significant. Yes, clearly so many people are spending their money on this and this would obviously increase the sales of Playstation 5, but other than that, i don't see much more that's expected to happen.

[Pakistani Shaheen]

The other point to note here is that just because sales are higher, it doesn't mean there has been an equivalent increase in new value within the economy. While some consumers will pay for a PS5, game and accessories, they may have just been going to spend that money on other forms of entertainment or products.

While Rockstar and retailers can make massive amounts of revenue, this does not mean it will have the same effect on the economy overall. Long term it will probably not have the same effect as the hype around the launch.

[Byebyebtc]

If anything it will probably shortly drop crime rate, injury rate and increasing need for takeaway food and divorces in a long run when people are too busy focusing on that.

I mean it's still a freaking game, even if it's very good one. We have survived from PANDEMIA which closed most jobs, so i am pretty sure that one week of new GTA isn't anything next to it.

Y'all sure this game is not over hyped, what if the impact isn't that significant enough to cause all these,

On the contrary crime rate could probably increase with the theft of PS5 and the games 

But what ever the case may be I don't think we should have too much expectations conserening the impact of this game, the world do look more serious than the introduction of GTA v, even it may seem now that the is a potential economical impact and so on we should be surprised that everywhere would be quite through out that week.

[Fortify]

I guess most us are aware of the upcoming GTA 6  

Well this is just a game, but even before the release of this so called "just a game", there has been observations of significant impact in the economy world wide, and that has brought individuals and companies to a realization that this is no ordinary game, and it will affect the flow of their business in one way or another, some are looking for ways to be able to manage the situation and as well preparing for the impact of the release, As a matter of fact the Australian government has gone as far as reminding employers to take evidence of illnesses or injury from their employees as a reason not to come to work.

Well with all these going on, it may seem fun but no one really know the full potential the realse of this game has even to Bitcoin it's self, and other aspects of our financial activities, we have just have to stay guided, observant and in all know that this will definitely pass by and it should not be a reason why you will make some financial decisions like risking losing your jobs, or selling your Bitcoin if the game affects it, or turning down deals, or even giving your family less time this festive period, and more. We should be aware that the impact is temporary and should no make us make decisions that will affect our already programed routines or Targets

It is pretty amazing that with the right formula and a talented team behind it these game studios are able to keep these games going for over a decade. The game before this, GTA 5 made a lot of money just from game sales but the micro transaction economy that they built afterwards are what kept things going. The studio milked that and made a lot of money doing so, but now they get to do it all again. Game sales burn out and they don't keep the multiplayer servers funded, so they really need these add-on attractions to sustain it. Even 20 year old games like counter strike have stayed online through this model of selling skins or extras, because so many people are willing to pour money in to feel "elite" in these worlds that are created. It's a very sticky game and they've got a huge fan base which will slowly move from 5 to 6. It's definitely going to be a money printing machine just like that last one.

[Obim34]

~snip

All these are happening in countries where getting jobs is easier than ever, I've not seen anyone from Nigeria talk so much about the new release, it is one thing to talk about it, and another to place a risk on losing your job for a day or two of excitement, which you can experience over the weekend, and so many other times, or I'm saying all these because I'm not a game freak, even if I have a bit of the setup at home, but don't play unless I have friends around.

[uneng]

It's all exaggerated stories and predictions to boost GTA VI launchment. Pure marketing. Most people aren't concerned about GTA VI, because they are too busy and worried about meeting monthly expenses and putting food over the table. Luxuries like a game which costs more than 100$ isn't part of their inner universe. They aren't going to play this, neither have money and spare time to do so.

[snowpega]

There is no doubt it will be going to be a big game launch, but buying any game by selling your bitcoins, haha.
 I personally will not take any action like this. But yes, this is a different thing; if I have spare money, then I can think of buying a game and all its equipment to enjoy. Just keep in mind that this joy will not last forever; this is just a short-term, temporary joy. So selling your bitcoin holding for buying games is never a good option in my point of view at least.

I think if anyone doing this thing then they should think twice, before taking any action in my point of view. What do you guys think about it? CMIIW! DYOR! By the way, one last question is: what do you guys think is worth more: buying and holding Bitcoin for the long term or buying a game or its equipment for temporary joy?

[bakasabo]

I can imagine what impact on the economy GTA 6 will do, but there definitely is going to be some on a date when game becomes playable. When it was available for pre-download this week, it already set some records of internet traffic usage. I have read that some companies allowed people to have 1-2 days off on game release date, because it is better to let those gamblers enjoy the start, then see how they work ineffective because they want to get home soon. It was also mentioned that on game development more than $2 billions were spend - that amount already is an unusually big for game development and made an effect in industry.