My in laws subscribe to Netflix and share with us, we subscribe to the Disney/Hulu and share with family, which allows my brother/sister in law to subscribe to HBO Max to share with whoever. Prime we all have because we recoup that money easily with free shipping and other features like Audible.
We also subscribed to Peacock recently. We are all, collectively, saving a fortune in not all having individual television packages, have way less commercials to watch, and can watch content whenever we want.
If Nintendo, Sony, and others each want to make a Gamepass, it will improve the experience for the vast majority of gamers.
Subscription is the future. Owning a game that most of us never touch again just so we can call it "ours" is the past.
Never shared games and movies with friends and family?
Buy them second hand, sell them on, trade?
Your subscription sharing is basically breaking the tos and not guaranteed to remain possible in the long run. Same for gamepass and ps now sharing. With physical items you can always do what you want.
Not a future I like either, but I do see it heading that way.