i think they have a point and it's something i've mentioned and see firsthand through my nephew: kids these days are growing up with shallow, chearp/free, touch only gaming on their phones/tablets. BUT, we're also seeing a generation of gamers growing up who are used to playing on PCs thanks to Minecraft.
Notice what's missing from that anecdotal observation: Consoles. Kids these days are simply not growing up with consoles or controllers in their hands and even the few that are, it's not the ubiqitous thing it was from 1980s-2005ish where if you were a kid and wanted to game, you had a gameboy/DS or a Nintendo/Playstation and that was mostly it.
So, yeah, it isn't some sort of weird FUD thing coming from them or from console manufacturers, it's a real concern for them and it's understandable that they're trying new business models and are willing to make radical changes in the market because they run the risk of the market aggressively shrinking or even disappearing. All you need to do is just see how consoles are doing in Japan right now if you want an example of what they're trying to avoid.