Then yes I definitely believe that these games have a place in the market. World of Warcraft likely being the biggest example of this game model making millions every year, I don't think this part of the industry is going anywhere soon.
Especially once VR becomes even more mainstream, I can see these games as a live service models becoming an even larger part of the industry.
The other question is do they improve the industry? I tend to stay away from these games just because I hate updates. i hate downloading them. I'm old school and want my game on a disc or cartridge to work from start to finish without patches. i don't want half the game on the disc and the rest needs to be downloaded.
Therefore, this model just isn't for me. However, I definitely understand the appeal