https://www.forbes.com/sites/robwieland/2023/12/13/hasbro-layoffs-affect-wizards-of-the-coast/?sh=34bfda6155eehttps://www.youtube.com/watch?v=3vZ2P3g1LtgIn the last quarter, Hasbro has posted enormous operating losses. Their Wizards of the Coast subdivision was the only true earner, posting $423.6 million revenue for $203.4 profit- a 40% jump- while Hasbro as a whole took a $169.5 million profit loss because all their other gaming and entertainment divisions sunk horribly- a -42% drop in entertainment and -18% in consumer games. The Dungeons and Dragons movie was a critical success and commercial failure and their stake in the studio is being sold off. Despite being held together only by their D&D / MTG brands, and suffering from extreme mismanagement, the CEO took home an $8 million bonus for Christmas while 1900 employees were laid off- 20% of the total workforce- with many WotC employees included despite their gains. And lo and behold, Hasbro has been dabbling in replacing paid human artists with AI generated artwork in their fantasy handbooks and perhaps soon into board and cardgames.
So here we go in real time, artists will be the first job to truly fall to AI. Why pay for a job that can be completely automated? An intern with prompts can churn out more artwork in one sitting than some classically trained master in a year.