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think-man said:
Games cost way to much these days.


Without giving too much thought into this, I think that this is the answer, or at least part of it.

Today games cost a whole lot more if you aim to deliver an AAA-experience. This is why we most likely will see less of those games and a whole lot more of smartphone and indie games. Games that can still generate a lot of money and are very simple to develop.

And to be a little harsh, if you sort out all the crap games from the exclusive lists, you will end up with very few actually good games. For each generation. And yes it seems like it is declining each generation, but the top AAA-games seems to be getting better and better. This last part is of course just my opinion.