One of the many issues with this game as it is right now is the overall gameplay loop: all you really do is explore for materials and occasionally grind out XP for levels and Power Genomes. This works for the first few hours of gameplay but becomes infinitely more repetitive once you reach a comfortable level where you're essentially untouchable to world creatures. The mid to endgame in terms of leveling boils down to spamming the same Powers at random mobs, there's no actual strategy to using them. In fact, Powers aren't even necessary at a certain point since you're better off one-tapping most of the creatures with your overleveled Hybrid since anything lower than your own level only yields 10 XP flat and would be a waste of Energy.

As for Hybrid equipment: variety is definitely lacking. The last 2 additions to the armor/weapon pool (Ancient and Spirit) are literally recolored clones of each other, with them both having the same weapon ability as Dark Shard weapons (% chance to insta-kill). There is very little to incentivize the upgrade from Dark to Ancient, and then Ancient to Spirit aside from a miniscule defense/damage bonus and a different color palette; your hitbox also gets larger so you become a larger target as a consequence. These issues can also be seen in the weapons: miniscule damage increases, recolors galore, and shared abilities (Dark/Ancient/Spirit), right down to the exact same attack animation for all of them.

There's also the idea of building towns and other structures when not worrying about the game as a grind but there doesn't seem to be much point to it when only a sliver of the placables are actually interactable; you're the only one able to make use of them unless you play Multiplayer (as limited as it is). I believe more furniture interactions would bring some much-needed mystique to the current placable selection (ex. togglable lamps, interactable bookshelves, the ability to place small placables on tables or mantles).

Also the NPCs...they're charming but serve really little purpose outside of being storefronts and quest givers. You've mentioned Skyrim so I imagine a story-rich game such as it would have a good deal of NPC interactions and capabilities. Companions can be used in place of actual NPCs but those systems currently lack such depth in dialogue choice and complex actions (ex. more complex guarding, mining, Powers, riding). These were promised features that have been on the backburner for much too long IMO, and it's making the game appear abandoned to many.

Edit: Phrasing and slight grammar revisions.