There is no probably. It will.

Look at Netflix, the only way they managed to bring it to profitability is by pumping endlessly cheap and shitty content and constant price hikes. They have also lost a lot of their big IP licenses from other studios.

In a decade I wouldn’t be surprised if Gamepass is 90% shovelware and the remaining is mid budget 1st party games.

Microsft has already said in court that Gamepass is not profitable.