Monday, August 25, 2008

Virtual Sweatshop

I'm too old to get gaming, though I do get that it's big and increasingly important. But a recent story from the BBC left me feeling like I am on the slow boat at the back of the gaming convoy. It seems there are now 500,000 people employed in developing countries making virtual goods in online games to sell to online players in developed countries. Virtual sweatshops, if you will. It's already a half billion dollar market and growing ...

The world is flat all right: flat as the computer monitor you are looking at.

1 comment:

  1. You're an economist, did you not read the papers on online economies about 4 years ago? There is (was) a Canadian company that was operating as a "foriegn exchange" to allow people to transfer virtual wealth from one virtual world to annother.

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