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this post was submitted on 19 Jul 2023
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Technology
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Happens when you don't have competition. (Except to steam seemingly)
The difference is that Valve is privately owned. They don't have to please a board of shareholders who want to see the platform milked for the slightest increase in profit margins.
We need more companies like that, then.
For that you need passionate people who are wealthy and not primarily driven to acquire more wealth. That seems to be very rare in large scale businesses.
It isn't wealth that breaks or makes it. The system, and in this case the shareholding system makes it or breaks it. Valve owner Gabe is insanely rich (in the billions I assume) yet, because the system he put up, it is consumer friendly.
The system is the one, not the people.