Partial counterpoint: new hardware is always unobtainable for a large number of children around the world, due to price. What do they play!? Everything they possibly can on every used console, simple mobile device, anything. Not great for new huge games, but you could sooner eradicate cockroaches.
If video game hardware becomes unobtainable for current children, there is no chance of this generation imprinting on it like the last two generations of children have. They will not grow into the adults we have now; the ones spending money on games. Games will end as we know them.
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