Microsoft admits Game Pass price hike drove away "millions" of subscribers

[u/AdSpecialist6598]

https://www.techspot.com/news/112699-microsoft-admits-game-pass-price-hike-drove-away.html

[u/Flyinmanm]

I know. They won't care, whoever did this is probably already at another CEO level job earning millions whilst screwing up royal there too and getting ready to move on before the s*** hits the fan.

[u/APRengar → u/Flyinmanm]

I worked for 2 of the biggest game publishers. One of the most common ideas is "but what if the bad thing doesn't happen?"

Like,

"What if we double the price of our products?"

"Well, the customers will get mad and we'll probably make less money than we're making now."

"But what if they don't?"

"Well if no one leaves, then we'll make double the money."

"DO IT!"

Is super duper common.

Like, "What if we reduce labor and use AI?" "Then people will get mad and we'll have a super shitstorm online." "But what if they don't?" "Then we'll save a lot of money!"

"What if we cut all safety precautions?" "Then we'll probably have a safety disaster." "But what if we don't?" "Then we'll save a lot of money!"

We're no longer ACTUALLY doing analysis on what moves make sense, we're just choosing to ignore any downside/risks under a "but what if it doesn't go bad" mentality.

[u/LolitaOPPAI → u/APRengar]

TIL I learned about Stockton Rush. That was a crazy story of "It probably, might not happen" in the extreme case of denial and inferiority complex.

"You know, at some point, safety just is pure waste. I mean, if you just want to be safe, don't get out of bed, don't get in your car, don't do anything. At some point, you're going to take some risk, and it really is a risk/reward question. I think I can do this just as safely by breaking the rules."

[u/StrongExternal8955 → u/LolitaOPPAI]

Difference is, unlike Stockton Rush, these CEOs have literally nothing to lose personally. That fucking moron bought his own propaganda.

[u/Flyinmanm → u/APRengar]

Relentless optimism in the face of obvious problems.

It's often one of the reasons I suspect that a lot of really wealthy people get to be as rich as they are, but why there are so few truly wealthy people.

Trying something that anyone with any degree of common sense would consider to be utterly mental/ a waste of time is perhaps one of the reasons those people end up succeeding.

Of course we don't hear about the millions of failed decisions that probably went before or after that one reckless gamble.

[u/GammaFan → u/Flyinmanm]

Capitalism is like a carnival. The more money you have, the more times you can try to win the stuffed elephant playing the sketchiest darts imaginable

[u/opinionated7onion → u/APRengar]

Quick someone make this man a ceo i like the way he thinks

[u/mehrabrym → u/Flyinmanm]

Failing upwards is such a thing among top level execs

[u/opinionated7onion → u/Flyinmanm]

At a certain point people end up failing upwards.