The video game industry is grappling with skyrocketing development budgets, with some projects costing over $200 million. While The New York Times attributes this to the push for hyper-realistic graphics, Bloomberg's Jason Schreier argues it's more about the expanded scope of games and management missteps. He highlights that the industry's need for larger teams and extended timelines contributes significantly to the financial strain. Schreier emphasizes that introspection on mismanagement is crucial for companies to address their budget concerns effectively.