Yanis Varoufakis used to manage in-game economies in games like Counter-Strike; now he's finance minister for a Greek government that has set its sights on reforming the entire basis of austerity and debt service in the Eurozone.
In his own words Varoufakis says he was hired by Valve "to forge narratives and empirical knowledge that (a) transcend the border separating the 'real' from the digital economies, and (b) bring together lessons from the political economy of our gamers' economies and from studying Valve's very special (and fascinating) internal management structure."
In a letter to the economist, Valve boss Gabe Newell likened creating a shared currency between real money and the Steam wallet to the problems faced with Greece with the Euro. Varoufakis was intrigued, taking on the consultancy role Newell offered, and now he will be taking his experiences at Valve into a position of incredible importance.
Greece's new finance minister Yanis Varoufakis is Valve's former Steam Market economist [Ben Skipper/International Business Times]
(Image: Varoufakis giannis , φωτογραφία μου, CC-0)
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The Last of Us is a game about surviving in America after a pandemic. The sequel is out this summer, and as part of the marketing effort, Sony is offering a “The Last of Us Part II” skateboard with an attractive “post-pandemic distressing” effect. [via @ckunzelman] Build a deck with some real character, complete with […]
“NVIDIA GameGAN is a powerful new AI model created by NVIDIA Research and was trained on 50,000 episodes of PAC-MAN to produce a fully functional version of the classic without an underlying game engine.” Read the article about it was done here. Image: Nvidia
Not every house has a fireplace. And to be honest, not every homeowner wants to deal with the hassles and maintenance of a fireplace. But it’s tough to argue that the intoxicating glow and dance of a licking flame isn’t mesmerizing, not to mention all of a fire’s practical uses. For those looking to enjoy […]
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It’s impossible for anyone to truly escape the effects our COVID-19 lifestyle changes have made, but if you’re a web developer, there’s a decent chance your work life might be virtually unchanged. Even before the quarantines and work-from-home orders, over 16 percent of web developers were already self-employed. And with a growing number of tech […]