It's the enshitification taking hold, which is essentially Wall Street pressing their thumbs on creators to squeeze out every bit of money they can.
There are diamonds out there though, and not a surprise they always come from private or indie companies. These are the games I've gravitated to.
I'm ok with how Valve is doing things right now. If they followed the same path of EA, Blizzard, and every other big developer from the 90s/00s we'd be on HL5, L4D9 Left for Deadest, TF 3 but it's a live service on season 15 and constant price increases on the season passes.
Let them experiment and dip their toes into new game types.