That percentage is extremely skewed. There aren't that many studios out there who can develop AAA titles. Those take incredible amounts of time, money and manpower. They're prohibitive as ****. Of course all those tiny indie developers will be creating games for tablets and cell phones (some will also develop the XBL arcade and PS Store games too), but if you think the Maddens, the FIFAs, the CODs, the HALOs, the GTAs, the GOD OF WARs are going to die, you're a ****ing cretin.
Are we going to see less titles? Maybe. Is the console going to die? Don't make me laugh.
"That's the reason my FFL team name is TrentGreenLeadBlock. When you see this mother****er coming around the corner on a block, put your children to bed and batten down the hatch on your girl's snatch, because the same power that destroys defenders can scar the minds of the youth and simultaneously impregnate any woman within sight, live or on television."