Maybe a bit dramatic to say, but maybe not.
I'm still unwilling to jump on the bandwagon of those bashing the PS5 as having no purpose to exist. Some like myself, certainly appreciate the spec upgrade compared to the PS4... the problem is, and I'm sure you're aware, what are developers doing with it? Hardly anything. Because it's starting to feel like triple a game's are dead. They barely come out anymore, and when they do, they're broken and completely burn all enthusiasm on day one.
Even putting that issue aside, it's like the triple a scene never recovered from the pandemic. The attempts made are very few, and far between now. I guess the last $70 game to drop was Final Fantasy, fair enough it wasn't that long ago. But what came before that? I think there's been maybe two or three major releases this year that even caught my eye. Granted, it's difficult for me to recall any release that I just had zero interest in. But I think it was just Forespoken, that's about it for me this year. I don't think Atlas Fallen will be a $70 game. Indie games far, far outnumber larger project on PS5.
I dunno, it's weird. Last gen, it was like some major release was hitting shelves every month it seemed. 7th gen, the better part of retail games were all mostly consider major releases aside from the shovelware. Here we are ten years later, and major game releases are almost non-existent, and 9/10 of them bomb spectacularly.