I remember going to the Radio Shack in the early 80s and seeing dozens of different Atari carts, priced at like $4.99 (which was a lot more then, ofc, but it still felt cheap), pretty much all of which were garbage.
It pulled down the price that good games could charge and killed the industry for a bit. I feel like peer communication is for now easier, so games like BG3 can still command a price premium given their quality, but the slop cannon is not a good thing for the industry generally or Valve in particular.