Not to derail further but the market in CHina, Korea with Black Myth, stellar blade among other titles getting a lot of hype doing well and not being serviced based games paints a different picture. The reason it may seem that there is this giant influx of GAAS titles was because there was a lot of free money Before and more so during covid.
You are seeing the fall out and the results from tons of games that were green lit before and during covid which was when GAAS games were making more than ever. NOW outside of endemic staples that can not be dethroned like Minecraft, Fortnite, GTA online. You are seeing tons of companies dumping their dead ends. And a lot has to do with costs of personal/locations/server to keep GAAS titles online. More people are actually going the opposite direction. Its just that its coming from smaller developers in the West and from Foreign talent in the east.
AAA, and GAAS titles are having a fall out right now. It's in free forall. Mobile has been shifting, streaming has grown in certain avenues for gaming. The ship crashed, and people are now figuring out if they chart a new course with what they have left, build a new ship or get out entirely.