A third-party report commissioned by Federal Reserve Vice Chair Michelle Bowman found that regulators knew of Silicon Valley Bank's vulnerabilities a year before its March 2023 collapse but failed to act due to risk-averse culture and fear of making imperfect decisions. The bank's massive losses on bond holdings, triggered by aggressive Fed rate increases, sparked a depositor run that forced its seizure.
Bruce Straley, former Game Director at Naughty Dog, criticized modern AAA games for being risk-averse and creatively stagnant, citing God of War Laufey as an example of technically impressive but gameplay-wise uninspired work. He later apologized for dragging the Santa Monica Studio title into the discussion, clarifying his broader point that the AAA industry lacks innovation due to high production costs and executive risk-aversion.