They usually don't lie (too much) about the release date. They tease games, or they announce that the games are in development early. It's usually pretty clear and as an example they even said for TLOU "we're at the beginning, far from launch", and it's good to know that a lot of exclusive games are in development. No problem with knowing what they're working on if they don't lie about the time it will take, IMO it's better for people buying the console (we can buy knowing what the library will look like in the future). And even when there is a problem and a game disappear, usually it releases anyway one day or another, and it can even work very well (Nioh, The Last Guardian lately). Dreams and Wild were announced too early and disappeared for a while (Wild is still missing?), we'll see how they turn out.
It's a lot better than having false secrecy where everyone knows that a game is in development but the developer don't want to make it official, or than doing like Microsoft did with Crackdown 3, Fable Legends, Scalebound and surely others.
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