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Before you could download licenses for everything you owned even without the game being installed. Now you must install a game first before you can get a license for it. This will have major implications for jail breaking.
Steam Deck is not any closer to real ownership than Xbox or PlayStation. Video Games have had “non-ownership” clauses in their EULAs long before the Xbox or PlaysStation existed, sadly.
Everyone on Lemmy either says one of two things when any console news is posted:
On the second point, you are right. You are trading licensing games from Sony or MS to licensing games from Gabe and his yachts.
People have a hard on for steam though so they give it a pass for everything.
DRM on Steam is a choice made by the game publishers selling on Steam
The difference being that some Steam games are DRM free, so de facto you do have full ownership of what you buy (just like with GOG), as long you have a copy for the files.