I don't see how an experience like Minecraft would take over a game that tells a story like The Last of Us or a competitive game like COD.
I love Minecraft and i'm 35, i also like to go on a full blast and shoot people in COD and when i feel like going in interactive action adventure game, The Last of Us fills that void.
While games like Minecraft will be copied by many and will be very popular in the future, there's definitely a huge place for action competitive like COD and other types of games.
Hell i know a lot of kids around 8-10 that play Minecraft and COD. Yes kids play Call of Duty even though it's a M rated game...