The future of "real" gaming is the PC. Streaming is getting easier and better so being able to play on your tv isn't going to be an issue and game publishers don't have to pay licence fees and can control their pricing better cutting out the retailers. Mobile phones and tablets have already replaced consoles as gifts. I'll be surprised if microsoft puts down another console next generation and unless sony does something soon they'll be bankrupt in the next 10 years (Project Morpheus?)
I don't think gaming is going to die but its definitely going to change in the next 10 years the death of the first party is going to significantly affect the number of story based games in the future the last of us might actually end up being one of the last great story based games leading more to multiplayer only based experiences.
When John Riccitiello predicted and bet the future of EA that everything had to have an online component he was right he just predicted it one generation too early.