Maybe technically they are better. There’s a higher production value, they look, play and sound better. They’re bigger and more elaborate. On average they have more of a story and there’s way more options.
But, that all means jack if they’re not as fun. And on average they aren’t. There’s a reason my Top 50 list from the end of the year event here on VGC is mostly ‘90s/early ‘00s games with a handful of modern games thrown in; they aren’t as fun as games used to be. They aren’t as imaginitive. Most games feel like I already played them before and innovation has gotten stale for the most part. And since ‘fun’ is the most important thing, I can’t say gaming is better now, it’s the opposite.
EDIT: And then I want to play a game right as we speak. 20 minute install time and update. Remember when you could just pop in something, flick a switch and you were in the game? Just like that? Now a console needs to boot up all kinds of pointless cr*p, take forever to navigate all kinds of pointless menus, install god knows what and update literally everything. Suddenly I don’t feel like playing anything anymore. 
