John Carmack has proposed an auction system for popular gaming products like GPUs, the PS5, and Xbox Series X. Carmack, the co-founder of id software, believes “we really would be better off with a transparent auction system directly from the manufacturers and a more efficient market.”
This type of auction system could be used to beat scalpers, who wouldn’t be willing to pay inflated prices on highly prized new products. “There would be much indignation at reported prices out of the gate, but removing intermediaries should net out better for consumers in the end,” says Carmack on Twitter.
Due to a global chip shortage and incredible demand, the true price of a PS5 was more than $1,000 in December, and RTX 3080s were selling for $1,227…
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Author: Tom Warren