I admit I didn't read every single page, but I did read a lot and I did not see this listed as a reason.
The people who play the games.
When adventure games were king, the players were a bunch of geeks who liked puzzles. The mainstream had not gotten computers yet. Once they got computers, the money stream was not going into adventures because those people would rather have a different sort of game.
FPS games did make a difference, but had the user base remained static, adventure games would never have died the way they did. The developers simply give the public what will bring in the dough.
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