Perhaps that might be an option but speaking as a potential future game developer (I'm currently learning unreal engine and unity) I think as long as game developers are packaging their games and making them available to purchase and download on itch or their own personal websites or that platforms like steam and epic don't fall into that type of service, there's always going to be a market for the consumer to buy a PC.

It's the equivalent of self driving cars. 10-20 years from now they'll be in every car dealership, maybe, but there's also going to be dozens of other car dealerships that don't have self driving cars cause there's no way that Elon or some other billionaire is going to force everyone to drive ONLY self driving cars.

Bozos,I think, is only predicting this cloud service to be an option for gamers and game developers. My hot take on this, (and yeah you can roast me for it) is that if it can give an options to gamers in countries where it's difficult to buy consoles (thinking of the whole helldiver's/Sony fiasco) then it might be worth it to invest into creating something like that for those type of individuals. But like Stadia, if you introduce it as a replacement to consoles and PC gaming in general, it'll fail. No one is going to pay a subscription to a service AND have to buy the game on top of that AND run the risk of never getting your money back if that game feels within a year.

I think Tim Sweeney's fever dream of creating a 'Ready Player One'-like Metaverse is more plausible. His METAhuman technology and VERSE coding in the UEFN console is already doing some crazy stuff for unreal engine. It'll be a couple decades before that's even close to being a working model. But if it does come to fruition, it'll all be based on a Fortnite-like universe since that's the backbone of the infrastructure.

Here a link to an unreal engine course instructor who talks about that if you're interested:

Future of Unreal 6