No. Certainly not one as envisaged by Microsoft who possibly the worst company out of them, Sony and Nintendo for games. All Microsoft want is to have complete monopoly over game sales and a bigger push for GamePass subscriptions. That's really all they care about which is why they have been so complacent with exclusive Xbox games for most of the past decade.
GamePass is okay, I guess, but games are added and then later removed all the time so this is not a guaranteed way to have access to all your favourite games. Also, digital games are removed due to licensing issues so the death of disc-based console games doesn't really bode well for the preservation of games in the future if consoles go all-digital. Not to mention the high prices you would be forced to play for new games only available from the Xbox Store.
On PC, I am happy with it being all digital because I have a choice of where to buy my games. I often buy third-party keys at substantial savings over the ones on Steam/Ubisoft/EA etc, sometimes as much as £25 (meaning I can buy the premium edition for the same price as the standard game in some cases) and that more than makes up for the lack of any resell value. The PC is also a better platform overall for games preservation and has by far the largest selection of games of any platform.