No, this industry has never been friendly. Ballooning budgets aren't helping though - especially on things like Kevin Spacey or ridiculous little graphical elements. Also not helping is anualization of titles like COD, AC and Batman. It's not leaving a lot of dollars for other AAA titles.
But I would wager if you still make a good game with a good concept and are smart with your resources you can do just fine. The latest failures are no different than Acclaim (gone) or Jeleco (out of games) that have come and gone over the years, or the many others who have been eaten up by bigger companies.








