Social games are a huge industry right now, some valuing it at $10 billion. However, Silicon Knights founder Denis Dyack is not bullish on the future of the nascent social gaming industry.

“It is damaging traditional gaming for sure but . . . how it s going to work out is anyone s guess, said Dyack. The trend that I see is it s probably going to be one of the biggest bubbles and explosions that our industry’s seen in a long time and I think when it crashes it s going to crash very hard. I don t think there s an economy there.”

“I don t know about Zynga I think that s a big micro, but I think that the amount of venture that s being poured in, in general, that’s most of the video game industry investment, he added. As far as I know right now, it’s going into pure social gaming. It looks like marketing to me. It doesn t look like real gaming. And maybe it ll change, I don t know. It looks very, very dangerous. I think Zynga s valuated more than some traditional publishers right now that have been in the industry for decades. I m sorry, but I just don t see it. It seems imaginary to me… it doesn t look long term healthy to me.

Source: IndustryGamers