Safe with Sequels

Interesting / disturbing trend. 10 years ago, if given the choice, my friends in the entertainment industry would choose to work on a brand new IP over a sequel. It allowed them more creative freedom, and it was exciting to help shape something new that no one had ever seen before. Now, the exact opposite seems to be true. My friends are all clamouring to work on sequels. Mostly because working on new IP is more unstable, the project may never actually happen, and when a company decides to shed 10-20% of their workforce, it's always the people working on new IPs that get let go, not the folk working on the sure bet. I know these things are cyclical, and right now there's so much uncertainty in the world that everyone is circling the wagons, but I do hope to see the pendulum swing again as soon as possible, big IPs that get sequels have to start with brand new IPs, and the sure thing of tomorrow can't exist without the risk of today.