Last i checked, Naughty dog doesn't release games anymore. Just remasters and ports... The last new game they released was TLOU 2 over 3 years ago. Meanwhile, their mates have been releasing next gen games.
Ghost of Tsushima released one month after TLOU2...where's Sucker Punch's next game at?
What about Bend Studio? Released their most recent game like over a year before Naughty Dog...where's their next game at?
Media Molecule released their latest game like 6 months before TLOU2. Where's their next game at?
Maybe all studios sony has that haven't released games in over 3 years are closed then?
Sounds like this is something "personal" against Naughty Dog and less about the time you're waiting for their next game. We already know factions 2 was ready to be announced. It was supposed to be this year. They made the game while also working on TLOU1 Remake, TLOU2 Remaster, the PC version of TLOU1 Remake and a new IP that has been in pre-production for a while. All this while the studio was going through one of their biggest re-structuring ever.
If anything this is a publisher problem. If Sony thought one of their top studios was making a GaaS title that wouldn't be monetized the way they wanted and they actually thought it would be better for them to cancel years and years of development instead of releasing it even if it's not their ideal model...it's not the studio's problem. It's the publisher that allowed this to go on for this long. None of this speaks about the title's quality in any way or the studio's ability to do their job. Also, Sony's obsession with this new model means their biggest studios that spent decades releasing better and better single player experiences would need to completely change the way they plan their games. This was always boud to happen. Most GaaS titles don't end up working in the end.