this post was submitted on 20 May 2026
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311
Nintendo jumps 6.8% as Japanese investors rotate out of AI (thenextweb.com)
submitted 1 day ago by sanitation@lemmy.radio to c/technology@lemmy.world
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[–] frank@sopuli.xyz 60 points 1 day ago (4 children)

Obligatory hating on Nintendo for everything they've ever done in a courtroom.

I do have to appreciate their distinct lack of enshittification in some of this. Like they don't have a "AI or bust" mentality, their non-old games are just regular games mostly, not gatcha/pay to win BS. And a lot of them ship fairly complete. It's a fucking low bar these days but they're not like nonstop below the bar which is something.

But really fuck those guys for so many fucking reasons. Subscribe monthly to play a few old games i already own? Fuck right off

[–] RustyShackleford@piefed.social 15 points 1 day ago

Subscribe monthly to play a few old games i already own?

Don’t forget, they hilariously used the ROM same copies ripped by hacker’s for their NES/GB/SNES and other systems lol.

[–] makeshiftreaper@lemmy.world 12 points 1 day ago

Remember the Mario NFT? The Crypto-Rupee? Nintendo may be frustrating for a lot of reasons but their adoption of new technology does seem to be primarily focused on providing what they think will be a better experience for players and not investors. Not all of them are hits (shout out Alarmo) but if you take a bunch of big swings then they can't all be

[–] Hudell@lemmy.dbzer0.com 16 points 1 day ago (2 children)

Nintendo has always been generally consistent with their approach to things: they try their best to make good stuff (with some exceptions to "their best" like the Pokémon company), and then charge premium prices for it.

As a customer it is more expensive than other videogame companies but there are usually no bad surprises with their business model. You just pay for what you want (if they provide it). Their ugly side is usually detached from the relationship with customers.

To make a stupid comparison, Ubisoft/EA and the sort are like a playground with some broken toys and occasionally some meth users or a pedophile. Nintendo is a private fenced off park where every toy is in pristine condition and is protected by snipers who shoot any adult or non-paying kid that gets too close.

[–] frongt@lemmy.zip 2 points 21 hours ago

Nintendo does. They let TPCi and Game Freak do what they want because they make so much money doing it.

[–] Hudell@lemmy.dbzer0.com 8 points 1 day ago

I started writing this comment with the intention of praising Nintendo for what they do well, but after the comparison I realized that "at least their toys aren't broke or a risk" is also a very privileged thing to say...

[–] HeyJoe@lemmy.world 3 points 1 day ago (1 children)

Thats because they don't really change much of anything and if they do they take entire generations to commit. Even if they were considering AI it would take them at least 5 years before we heard or saw something. Take their online experience. It's still a shitshow compared to others and it took them nearly a decade over the others before providing anything at all.

[–] I_Has_A_Hat@lemmy.world 6 points 16 hours ago

Nintendo: Consistently makes the most unique game systems of all time, leaning heavily into capabilities that other developers won't touch like motion controls, portability, dual screens, 3D capability without the need for a headset. Puts out games that, while may be reusing the same IPs, regularly adds and introduces new gameplay mechanics that are highly praised and quickly become industry standards due to how well they work.

Randoms on the internet: "tHEy dOnT REalLy CHanGe muCh oF aNyTHing"

[–] greyscale@lemmy.grey.ooo 66 points 1 day ago (1 children)

Did nintendo actually -do- anything for this surge, or is this just the effect of money being sloshed?

Our economy and stonks market is completely detached from reality.

[–] AbsolutelyNotAVelociraptor@piefed.social 69 points 1 day ago (3 children)

I'm not a markets expert, but I've always heard that Nintendo in Japan is a somewhat safe stock so this is probably investors fearing the AI crack and moving towards a stock that isn't too invested in AI and was already safe to begin with.

[–] Anivia@feddit.org 2 points 15 hours ago

but I've always heard that Nintendo in Japan is a somewhat safe stock

Nintendo has extreme amounts of liquidity. They could operate for years without any income

[–] greyscale@lemmy.grey.ooo 26 points 1 day ago (1 children)

So its not about the company but about somewhere "safe" to park money

Once upon a time we called those government bonds.

[–] AbsolutelyNotAVelociraptor@piefed.social 18 points 1 day ago (1 children)

It's Nintendo Japan we're talking about. I'd argue that their stock is safer than government bonds.

[–] greyscale@lemmy.grey.ooo 1 points 1 day ago

Simultaneously that is not my point, but you're also correct.

[–] Hudell@lemmy.dbzer0.com 4 points 1 day ago

Which makes sense. The stock market is gambling and most odds do not factor in the imminent AI IPOs.

[–] raspberriesareyummy@lemmy.world 36 points 1 day ago (2 children)

is this it? is the bubble finally about to burst? Don't give me false hopes!

[–] pageflight@piefed.social 6 points 1 day ago

But my company hasn't had their mandatory all-employee multi day AI training from contractors yet!

[–] Scrollone@feddit.it 4 points 1 day ago

I think people are starting to realise it. The bubble is going to pop soon.

I feel like it may even pop this year.