Literally almost every modern RPG is closer to what you are describing...
-Bioware games (Dragon Age series, Mass Effect series, KOTOR)
-Bethesda games (The Elder Scrolls series, Fallout series, Starfield eventually, ESO)
-Obsidian games (The Outer Worlds, KOTOR 2, Avowed eventually, Outer Worlds 2 eventually)
-A bunch of Ubisoft games (Assassin's Creed games from Origins onward)
-Lately, Spiders games (Greedfall, Greedfall 2 eventually)
-Half of all JRPGs, including Square Enix games and Monolith Soft games (Many Final Fantasy titles and Xenoblade titles)
-Some Capcom Games (Dragon's Dogma, Dragon's Dogma 2 eventually).
-If you're cool without having a dialogue-based story, Elden Ring.
-Outward was a thing apparently.
The Open World real time action RPG genre is oversaturated. For the record, I would like an over-the-shoulder camera, but I think there's nothing to add with real time combat. Larian should stick with turn-based combat, as that is what they have revolutionized, what they are good at, and what sets them apart from much of the genre. There's nothing stopping WOTC from handing the license to another developer to make an open world real time party-based action RPG set in the Forgotten Realms.
I have played about 90% of the games listed above, certainly the big names (no, not Elden Ring) but look at those titles, they are decades old!
Dragons Dogma:Arisen - 2013, maybe we will get DD 2 in 2024/25
Dragon Age:Origins 2009, perhaps a new release of DA in 2024 (2023 id we are lucky)
Elder Scrolls/Skyrim same thing OLD GAMES with perhaps a new ES in 2024/25
No Fallout in sight, Starfiled will be the new FAllout
Masseffect, well, we did get the Legendary edition (remake of all 3 games)a few years ago (great games)
Point is, even though we have many great studios making these games, the games are far and few in between!
Why, I don't know, it seems that games take so much longer to produce even though we have far superior tools than what was available a decade ago, perhaps our expectations have grown to such levels that it takes a long time to produce a game on the other hand, long standing franchises that have not retrieved any follow ups, WHY, is it b/c studios are brain dead, no new ideas as to what to make the story about (which I suspect)
So, adding Larian to the mix of studios to make these RPG's would be a good thing. But even with that, DOS II came out in what 2017 and now six years later we are getting BG3!
MY life span has a limit!
