at this point any new faction, quest line, dlc pack, will be counted as "significant work"
The "non significant work" they will give us will be things like: new items for raidfinder, bad sales in their bad item store, tie ins for conan exiles dlcs (which they plan to develop AFTER conan exiles is released), pets that have been repainted badly in gimp, and release of halloween content from 5 years ago.
AoC doesnt even get an actual mention aside from the note that they're NOT doing any more work for the game in their plans going forward. The ONLY mmo that gets mentioned is TSW because TSW is their new red headed step child.
Everyone here, minus you, are being realistic.
As I said before, enjoy the game for the time you have left on it. This is it. This game, as it is, is what you and any new player are getting.