Yup, I remember being so annoyed with Counter-Strike 1.6 on Steam. Waiting to download HL2. The platform was a laggy mess. To their credit, they've come a long way since then, and it seems clear enough to me that other launchers don't have the desire or ability to match even a fraction of Steam's features.

They're already struggling to move hardware. CPU and GPU sales have plummeted. Steam seems far too entrenched to be ousted when people are tired of multiple launchers and all the others are dogshit. I collect every free Epic game, I have hundreds, and I've never given them a cent.