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Steam is a ticking time bomb
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this post was submitted on 05 Apr 2024
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Technology
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So basically Steam is fine, has been for 20 years, and has competitors waiting to step in and take over the market if Gaben and co ever succumb to the temptation to cash in for a quick boost to corporate profits for a few years at the expense of ruining the business forever after, as impatient shareholders might demand if it were a public company, which it isn't.
It's true though, it could fall apart at any moment. So could anything. I expect piracy will be the big winner when it happens.
Luckily it's not a public company and it seems its shareholders aren't interested in making a quick buck. If they were they'd have already made it obvious. If they decide to sell or IPO on the other hand (also sell), then quick buck will be the name of the game in no time.
Exactly my thought. And backing up games and stripping Steam DRM from the games that use it (very easy to do, or so I hear.)
If Valve announces Steam is shutting down (or enshittifies), then everyone who can (and cares) will just backup their games, and everyone else will just download the DRM-stripped versions using their favourite piracy platform.
Right now, it's easier to buy a game on Steam than fuff about with piracy. Even at minimum wage, it's usually cheaper in the opportunity cost of time to just buy games (if you're a patient gamer, at any rate; higher income levels needed for full box price).