Is multiplayer a threat to the gaming industry?

[Warhound]

"The point is that the industry would be better off if the 500 hours spent on CoD was spent on single player games at $2 per hour, generating $1,000 of value instead of $72."

So short sighted, why does he think that gamers who enjoy multiplay would automatically buy title after title of short 6-15hour singleplayer games just to fill the hours they now spend playing multiplayer?
Reminds me of the anti-piracy groups who pretend every pirated copy is a lost sale.

I personally play almost only online and if that was removed, or like he seems to hint at in the last paragraph, made pay 2 play...I would barely buy any game at all, or play a single one which I pay monthly for. Unless ofc that monthly price was 2€/hour, then I'd simply spend more time doing other fun hobbies and never game again.

So much for his reasoning... :F