Poor Obsidian have zigged every time a corporate patron told them to zig. Now they're dropping a wander-and-loot Bethesda clone in the exact window when people are lowest they've ever been on that template and the highest they've ever been on deep isometric RPGs.
They could have been releasing a turn-based, story-driven, party-focused Pillars 3 for the millions of people who just ran out of Baldur's Gate 3 to binge.
as someone who works at a company that's about to release a live-service co-op shooter... I feel for them, lol
it really is a shame, though - you're totally right about how well pillars 3 could have done in this environment. the world is so interesting and they've done such a great job with quest/lore depth, I think people would really have eaten it up if they continued iterating on the tyranny magic system and combined the two together.
I can dream, I guess