While the REAL industry (which is Wizards of the Coast) is in no real danger of "collapsing" in the short term, the serious and real problem is that the intellectual and later financial collapse of TSR and the reign of the Swine in the 1990s basically crippled gaming, leading untold thousands of gamers to leave the hobby in frustration with the kinds of games being made at the time, and failing monumentally ever since then to create products that would attract young teenagers to gaming. Today, we're playing the price for that, as gaming as a hobby grows increasingly old in demographic, gains an increasing proportion of lawncrappers as more and more normal human beings leave the hobby (or never enter it in the first place), and games are increasingly made to appeal not to younger gamers or people who actually PLAY, but to "collectors" who obsessively buy, read, and comment on the games but don't actually use them as games.
Its well and good to say "I don't give a shit about the industry", but then you'd better be happy when you get to being a lonely 40 year old gamer with your books and no one to game with in a radius of 500 miles from your home.
RPGPundit