Late stage gaming is a phenomenon characterized by the following:

• rampant toxicity in the gaming community;
• diminishing content on launch;
• deteriorating quality of gameplay, story, narrative, or both;
• corporate power of gaming corporations continue to expand unchecked;
• profits continue to rise;
• new and innovative games continue to get obscured by low quality slop;
• rising costs in games and the hardware/software to run games;

What else did I forget? Let me know down below