Content-type: text/html Downes.ca ~ Stephen's Web ~ Impact of Games on the Economy, the World and Schools

Stephen Downes

Knowledge, Learning, Community
From Karl Kapp: "A study, 'Video Games in the 21st Century: The 2010 Report,' detailed the impact that computer and video game companies have on America’s economy. The report stated:
- From 2005 to 2010, the entertainment software industry’s revenue more than doubled. Over the same period, the entire U.S. Gross Domestic Product (GDP) only grew by about 16%.
- The entertainment software industry added nearly $5 billion to the U.S. GDP in 2009.
- The U.S. entertainment software industry also continues to function as a vital source of employment. Currently, video game companies directly and indirectly employ more than 120,000 people in 34 states.
- The average compensation for direct employees is $90,000, resulting in total national compensation of $2.9 billion." And yet there still isn't a decent video baseball game to be had. Go figure.

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Stephen Downes Stephen Downes, Casselman, Canada
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Last Updated: Oct 09, 2024 12:28 p.m.

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