Summer Game Fest 2023 and the stagnant state of the industry

The video game industry is larger than it's ever been. The biggest companies are worth trillions of dollars and dozens more operate in the billions. In terms of social impact, video games are an established, powerful segment of the art and entertainment landscape. In 2023, the state of the video game market is, "big and getting bigger." So why, from a player perspective, does it feel like the industry is shrinking?