@isomeri: While I agree with you in principle, I think 5 years is way too short a horizon. Internet is bad in many parts of the world, sure, but also there are countries where internet gaming isn’t culturally that big, like in Japan. Add to that the fact that game streaming still doesn’t feel great compared to local gaming (see Jeff B’s xCloud impressions on the Beastcast) and I think both the PS5 and Xbox are going to sell quite well for the time being.
Yeah 5 years may be too soon for some regions. Also I don't think that game streaming will change the way people like us play games for a long while. Hobbyists will continue to invest in hardware and games. I mean I still buy movies on Blu-ray and go to the cinema regularly, but most people seem quite satisfied with relying on the offering of streaming services like Netflix.
However for more casual folks who don't care as much about latency, I can see streaming taking off like wildfire. Let's not forget that mobile devices are the most popular gaming platforms in the world and they don't exactly offer the same sort of experiences as a PC or new console. While I can't see myself not owning a gaming PC and a couple of consoles in the future, I wouldn't reject the idea of streaming some games here and there when I'm not at home or when I just want to try something quickly without an upfront install.
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