The concept of P2E is definitely exciting, and many people believed it would be the popular way to introduce blockchain to the more people. I don't think traditional gaming companies will be abandoned in the near future, as current P2E projects still have some areas for improvement, particularly regarding the balance of earnings and rewards. However, once there's a successful and sustainable P2E project, I can see a future where these companies might need to adapt and embrace P2E concepts.
P2Es are actually quite addicting! I think most decline to play it because they are mostly boring and as much as its a play to earn project it would take quite the determination and dedication to continue playing cause the amount of hours play to the earning aint really good. I guess you basically need to be early or else the risk-reward will not be that worth it.