20 years ago people were complaining about the same lack of creativity in the AAA scene, saying that gaming was better in the 90s. In fact I remember it was a common talking point that AAA gaming had gotten so bad that there would surely be another crash like the one in '83.

Here's how I see it:From a gameplay standpoint: My perception of the mid to late 2000s is that every AAA game was either a modern military shooter, a 'superhero' game (think prototype or infamous), or fell somewhere in the assassin's creed, far cry, GTA triangle. Gameplay was also getting more and more trivial and braindead, with more and more QTE cuts scenes. The perception among both game devs and journalists was that this was a good direction for the industry to go, as it was getting away from the 'coin sucking difficulty' mentality of arcade games and moving towards games as art (i.e. cinematic experiences). There were of course a few games like Mirrors Edge, and games released by Valve, but they were definitely the exception rather than the rule (and Valve eventually stopped making games). Then Dark Souls came out and blew all their minds that a game could both have non-braindead gameplay and be artful at the same time.

Now I would say we've actually seen a partial reversal of this trend. Triple A games are still not likely to be pioneers when it comes to gameplay, we've actually seen a few mainstream franchises do things like using Souls-like combat or immersive-sim elements, which IMO would have been unthinkable 15 years ago.

From an aesthetic standpoint: My perception of the mid to late 2000s is that everything was brown with a yellow piss filter over it. If you were lucky it could be grey and desaturated instead. This was because Band of Brothers existed, and because it was the easiest way to make lighting look good with the way it worked at the time. As an aside, Dark Souls, a game where you crawl around in a sewer filled with poop and everyone is a zombie that's also slowly dying of depression because the world is going to end soon and they've lost all hope, had more color than the average 2000s game where you're some sort of hero or badass secret agent.

Things are absolutely better in the aesthetic department now. Triple A studios remembered what colors looked like.

From a conceptual / narrative standpoint: I don't think AAA games were very creative in this department in the 2000s and I don't think they're very creative now. They mostly just competed to see who could fellate the player the hardest to make them feel like a badass. If you were lucky the player character was also self destructive and depressed in addition to being a badass.

Then and now your best bet for a creative premise in a high budget game is to look to Japanese developers.

From a consumer friendliness / monetization standpoint: In the 2000s people were already complaining about day one DLC, battlepasses and having to pay multiple times just to get a completed game.

Now its worse than its ever been IMO. Not only do AAA games come out completely broken and unfinished, really aggressive monetization strategies are completely normalized. Also companies are pretty reluctant to make singleplayer games now, since its easier to farm infinite gacha rolls from a multiplayer game (although this was kinda already the case in the 2000s).

Overall I think we're now in a golden age for indie games, and things like Clair Obscura and Baldur's Gate 3 give me a lot of hope for AA games.