Game variety has nosedived.
We have an over supply of MMO's, online Shooters, GAAS, and dark soul/DMC type clones.
Under supply of platformers, puzzle, story based games, traditional RPG style games.
What do Microsoft do? they buy a game company that is primarily about shooters and GAAS. Not only did they buy it, they brought it for obscene amounts of money.
Xbox 360.
Fable games. (they closed the studio, morons)
JRPG's funded by Microsoft.
Their arcade collection, including loads of indie platformers etc.
Loads more games released per year, vs less releases with blockbuster budgets.
I brought my xbox series S so I can play 360 classics on newer CPU hardware. That says it all really. Xbox one didnt interest me at all.
Sony have a similar issue, but they have a stronger brand (at least in the UK) which seems to be carrying them, but the games library for PS5 is a joke. Both vendors carried really by backwards compat, its saved them. They wasted huge some on a fortnite clone. Idiots. Think of how many single player RPGs, platformers etc could have been out of that budget. Wouldnt surprise me if we find out one day 60% of Sony revenues during PS5 era is people buying replacements for broken controllers.