Netflix's President of Games, Alain Tascan, is expecting a future generation that relies less on gaming consoles as major players like Microsoft, Sony, and Nintendo push forward with new hardware.
Your comment through me for a loop, initially I was thinking that due to changing baskets for calculating CPI/inflation that would account for wages, but that’s really just cost for basic goods shifting. So I looked it up and found out there is the ECI (Employment Cost Index) which is tracking “inflation” for labor.
This site has the chart of CPI vs ECI and, not too surprisingly, they move mostly in unison. The chart does diverge from what I would expect (costs out pacing wages), but haven’t had enough time to read into it.
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Your comment through me for a loop, initially I was thinking that due to changing baskets for calculating CPI/inflation that would account for wages, but that’s really just cost for basic goods shifting. So I looked it up and found out there is the ECI (Employment Cost Index) which is tracking “inflation” for labor.
This site has the chart of CPI vs ECI and, not too surprisingly, they move mostly in unison. The chart does diverge from what I would expect (costs out pacing wages), but haven’t had enough time to read into it.
https://www.bls.gov/blog/2023/more-ways-to-look-at-wages-and-inflation.htm
Yeah this goes back to 2005 and you see the devergince in 2008 if you go back to 1970 you will see a bigger devergince.