i think it is ending.
In few years no one will notice diference between graphics.
Or even, the new engines will make it very easy to show realistic graphics in any plataform. including mobile.

No, all I'm seeing is the Chief Creative Officer of EA saying that based on what he thought he heard - that there was 125 game developers before and now there's 25 of them.

That's makes no sense because we know 100 studios didn't get closed down during the PS3/360 era.

Here is a very comprehensive list of bankrupt developers.

https://en.m.wikipedia.org/wiki/Category:Defunct_video_game_companies

I will add this to the OP.

Agreed. I guess 3D 'techniques' wasn't the best way to word it. They do improve speed but HD development in general is still rather costly, if you're going for a realistic look. I guess realism was the concept that I am wanting to avoid in game development. 

I actually wasn't expecting people to catch on to photogrammetry here but I'm glad you know your stuff. I am aware that it isn't the be all end all for 3D realists but it is doing a lot of work that would take a single guy a week to do, withing a couple of days from start to finish. Cleanup, etc needs to be done of course but it's still some damn good tech. FFXV Kingsglaive used it a lot and though cleanup is extensive, it's amazing what it can do at such an early stage.

Programmers, like you said also need to be able to code for animation techniques, etc, which is also starting to look appealing as 3D modelers lose their worth. Unless you focus on toon graphics or highly stylized graphics. But I digress.

PC is of course something I will also focus on as Steam is pretty huge. Making games with minimum input, with great quality, and getting a return of some sort is the plan for me. 

Which still doesn't mean 80% of developers are gone...where did you get that statistic?

It's a free market and only companies that can attend to customer needs shall survive. And if the market wants that so be it, don't be a spoiled brat that demands that things are made to attend your wishes and not what the general market wants.

Man, avoid to be "ludist" with the fear of machines and automation taking out human jobs... that only means jobs will evolve. Most of the jobs you have today weren't possible at the start of industrial revolution (when the ludist born when the machines came), actually several of them didn't exist a decade ago. There will always be a place for good professionals, and if everything becames very easy the most that can happen is that any dev can be a one man dev company and do his game solo and sell.