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I won't concede that mobile games can reach the same depth of control and finesse as consoles or PCs can achieve. As much as some people have a massive, raging erection for the mobile market, gamers interested in a more complete experience will not magically cease to exist or just move over to a medium where gaming is an after thought at best.
And if someone tells me "You can play it with a controller silly", then I would basically just own a console with a touch screen. Which to me seems to defeat the whole purpose of mobile.

So no...gaming, on consoles or PC, is not what I see going away anytime soon. If anything I expect the mobile gaming bubble to burst eventually.