Can't talk about all consumers but in my case I got rid of all TV services some 15 years ago because I felt bein had. Maybe longer, just do not remember exactly. So no they will not be squeezing me hard. I'll just find something else to do with my money.
If subscription gaming gets this bad, it'll go the same way. In thirty years it'll be dying a slow death because fewer and fewer people use it and most people will have moved on to whatever replaces it. After they've spent another ten years dying there'll be the inevitable Netflix (i.e. streaming TV) moment, but for streaming games. Wonderful, but ultimately just the same thing but with time rolled back fifty years.
I guess what I'm trying to say is it might (probably will) go wrong, but nobody will really suffer for it and it'll fix itself given a little patience.
Thought police. Myself I never downvote and do not give a flying fuck if I get downvoted.
As for the rest of your I totally agree.