he said of Gran Turismo games for PS1 and PS2 (and I imagine he would extend this to other old games) "why would anybody play this?" I interpret him openly wondering why people would play a game as him thinking the games are bad.
I would say that "why would anybody play this?" indicates the exec (and by extension his peers) thinks that last-gen games aren't worth people's time. I think to say they think old games are bad is a fair interpretation of his words
he said they looked "ancient" but also wondered why people would play them in the first place. The guy is completely out of touch with how people feel about games and what they want from them