Are high budget gachas the future of gaming?

To be fair, Genshit has about as much gameplay as you can expect from any full-priced vidya nowadays. It's the gacha monetization model that's the issue.
Cash shops and lootboxes are nothing new. We've seen a good share of f2p games in the past. But while lootboxes have mostly been contained to cosmetics as of late, and proved to be pretty harmless for consumers, but effective for the publisher. The gacha model puts actual gameplay-changing characters and/or weapons behind the gambling paywall. Unless it hands out a lot of free rolls, you can't even call gacha games pay 2 win, more like free 2 lose.

imagine how much fucking money they'd make if they put hot furries in genshin impact

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For the absolute lowest common denominatorsvof videogame audiences, probably yeah.

Gacha and mobile games are a blight upon gaming. The only thing i hate more than them, are the people who are playing and spending money on it

>we want the HFOMA audience

same reason why we had a brief period of talent drawing MLP art.
$$$$$

I'm never going to play live service games.

>you lived long enough to see gacha games be better than ''normal'' games

Theres better be lock-on and air combos this time

it will be the end of video games if the economy doesn't make a magical turnaround right now. pretty soon even the biggest whales won't be able to afford their addiction anymore.

I've been playing GBF for a while now, and it's actually pretty generous towards f2p players. Sure, the whales still have the upper hand, but you're not miserable as an f2p. Paying doesn't actually let you circumvent the atrocious grind, and you get plenty of freebies to roll the gacha.
So, my point is: as long as the gacha devs aren't extremely greedy and keep the f2p/whale balance in check, they can easily keep the product afloat by the whales, without having them go bankrupt by rolling, and not scare away all the f2p playerbase, so their game doesn't die.