And the resulting primary gameplay experience is boredom; felt most heavily recently with Bioshock Infinite.
The other type of game is the open world formula, featured in Assassin's Creed and GTA, and to a certain extent Fallout, Skyrim etc. But these become boring in another way; they rely on making navigating the territory interesting, but eventually the novelty wears off and you just want to enable the "instant teleport" function.
I still miss games like Thief, where navigating the territory was the main challenge of the game, but the territory was carefully enough designed, yet still very open, and not seen repeatedly enough to become boring. Dishonored came within 60%, but the player character was too powerful.