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by somehnacct3757 1418 days ago
On your last point you may find this timeline of games industry market cap to be equal parts enlightening and horrifying.

https://www.visualcapitalist.com/wp-content/uploads/2020/11/...

During your lifetime consoles have been largely static and mobile gaming came out of nowhere and eclipsed every other form of gaming combined. But you're also old enough to have fraternized with those who rode the big console wave. 'Big' here is of course tiny compared to the mobile gaming wave. But it felt big at the time (and was.)

There are those who believe that games aren't how much money they make so they continue to ignore mobile gaming. Still, the timeline at least explains developers' behaviors.