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This statement was made by Ubisoft's director of subscriptions, Phillipe Tremblay, who recently spoke to Gamesindustry.biz about the digital future and Ubisoft Plus specifically. Tremblay states that people eventually "got comfortable" with not owning their CD or DVD collections, and that a similar shift in attitude "needs to happen" in gamers.
If you're old enough to remember horse armour then that reference has to be tongue-in-cheek. Nobody thought it was a good idea at the time I got weeks of mockery of Bethesda out of that nonsense 😂
I don't think Molyneux was a bad developer, he just overhyped his games to a level nobody else has managed before or since. Like I said, the Fable games do actually hold up pretty well, and Black And White is iconic. I don't recall encountering any bugs in Lionshead games, nobody T-posed randomly, and nothing that broke the game for me. But, I'm just one dude of course and the nostalgia is strong.