This is a loss for gamers, as the industry will move towards these type of games and stagnate creativity and value. You will now reap the benefits of games as a service and games made ambiguously for the cheapest console to develop for.
Except, pre millennium, especially in the 80s when I played, they were shooters. It changed when people stopped wanting to say first person shooter. Lazy kids.
Bad business decisions and management were their downfall. They made good story games, but those have been around for a long time. They weren't particularly innovative.