Games wise, very likely. There are way too many 2023 games that I bought (that's on sale) that I haven't even touched yet, and still more heavy hitters that I'm waiting for a bigger discount (e.g. Alan Wake 2, Baldur's Gate 3, Yakuza Gaiden, Spider-Man 2, etc). It's not only newer IPs, there are many games based on older IPs that are well received, e.g. Dead Space, FF16, RE4, Armored Core 6, etc.

Game devs wise, it's probably one of the worse. There'a already more than 9000 layoffs, with many studios shuttered. Half of them probably came from Embracer Group. We are probably gonna be seeing a rapidly shrinking number of mid-size games within the next 5 years.