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RicardJulianti said:
richardhutnik said:

Thing is a crash means an end to almost all AAA stuff, and games being secondary on portable devices.  Go look back at the crash in the 1980s to see what happened there.

If there was a "crash", it most certainly wouldn't happen the way it did in the 1980's. Customers wouldn't lose complete confidence in the gaming industry, it would just be sustained by the company faithful just as it once was until this all repeats itself. Saying everything would turn into one big Apple App Store is a gross exaggeration. There are plenty of people, with more than enough money, to fund development of games as we know them, just with some cuts. Nintendo has gotten along just fine without full voice acting, scripts and frill effects that just balloon the development budget for 30 years now. The Wii didn't even have programmable shaders, yet some of the highest rated games of the last generation were on the console as well as absolutely stunning visuals. The production values (see: polish) is second to none on those titles as well. It is simply a matter of development tactics.

The "Big 3" would still have money since Sony and MS still have other avenues of income to fall back on while Nintendo could take losses as big as they did this last year and still be around for 30-40 years before they had to sell off assets. Those 3 would either buy up studios or fund development of games, giving those people jobs, development experience, and money so they could then fund their own games in the future.

It almost seems like you didn't read the article at all as I am having to repeat most of what is said there.

You should take a look at my other article that is linked in that one and ignore the console specifics. 1080p vs 720 is almost negligible when you sit far enough away from the screen. Generally, I feel like people sit at least 5-7 feet away from their TV, but without a 40-46" screen and perfect eyesight, they aren't physically capable of detecting the difference at that distance. 

A crash is what happened in the 1980s.  It means, IF LUCKY, you have one console maker left.  The industry is left way in doubt at this point, and people are unsure it will survive.  Now, do you mean contraction, instead of growth?  That is a different beast.  That involves maybe one console maker remaining.  It isn't a crash, but contraction.

Contraction could be helpful, but a crash is a different animal completing,  In a crash, an industry nearly completely dies off.