Recession/collapse - absolutely not
Constant industry transformation - absolutely yes

When the collapse happened in the 80's, there were two main ways to game. You played games on your TV through some box that had some wires on it and a stick, dial or buttons that you pressed in your hand or you went to an arcade to pump quarters into a machine the size of your refrigerator. Now with so many games in so many different places with so many interfaces, it's just a matter of which experience the customers want now.

The way we think about games is constantly evolving and the companies that comprise the game development market will follow because they have to in order to remain profitable.