It could be I don't follow games close enough to see what I'm missing. I find more SP games popping up in my feeds / friend recommendations than I could ever hope to play.

I definitely feel like mainstream AAA/AAAA and even iii to a certain extent have been progressively enshittified. But I've been at this a while, so I've seen how it's gone this way as more and more money got brought to bare on games.

The moment someone who wasn't involved in actually making some part of the game was expecting a fat return on investment was the moment the wheel of shit started to turn.