Actually, he made himself an industry, and in many ways, you can't blame him. He took the gullible and celebrity-worshipping reviewers and turned their pockets inside out.
Picasso was, in many ways, the ultimate artist's revenge. Forget artistic integrity. He found a product that sold, kept on producing it, and lived very nicely off it, thank you. (I think he once boasted that he could even sell his sh*t, although I don't think he tried it.)
,,, I'd agree with that. Usually there's a progression in style and capability. Picasso's regression was a paradox fuelled by the art mafia.
Andy Warhol was too busy making silkscreens of it.