Back in 1993, when the revolutionary first person shooter, Doom, was released, a game could be made by eleven people with a budget that was probably around $200,000. Today, the production of a video game can cost upwards of tens of millions of dollars and sometimes takes over 5 years to develop.
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Before the Playstation 3 debuted in November of 2006, it was already generating bad press for its $600 price tag. It wasn’t the first expensive console—the Atari 2500 cost $330 when it was released in 1982, just under $740 in today’s currency, and 3DO Interactive Multiplayer console cost $699.95 when it was launched in 1993....