Some small indie studios would become AA studios and some new small indie studios would appear, so it's ok. At least for some time the industry would partially heal.
My brother, we are in that Renaissance right now. Lethal Company, Palworld, Balatro, Helldivers 2, Pacific Drive, Go Mecha Ball, etc. And we're only 2 months in, let alone the insane amount of gold in 2023, and upcoming games like Hades 2 in 2024.