To take the words from President Trump.

Wrong. Fake news.

As long as they're advancements in hardware there will be consoles.

It is why we cannot let either platform die.

There is no company out there that really wants the best for us. It's what they want for themselves. It helps them curb the competition and prolong their existence. 

His words and if people remember how they were delivered were exactly how I felt when seeing what Ubisoft said. It's a perfect fit. 

With the way technology is progressing?, quite possibly, but I know for a fact that we won't be relying on physical discs forever. WE only have so much fossil fuels and plastic on this rock to do with, and physical media will not on the priority list of uses from plastics.

Those big companies will have to be rallied against, once they show their cards of wanting to all take their products to the cloud and the cloud alone. 

If I had a nickle every time this was said or printed or predicted I would have a home the size of a mansion rooms dedicated to game and one to servers with a T1 line anyways obviously I don't and obviously this has been predicted many times over, mobile gaming being the latest, but this has been cried many times over the years and here we are with what appears to be a possible best seller of all times with the PS4, and with Nintendo's hybrid being there revival back into the business.

What else, but to vote with your wallets and make your voices heard. 

For folks thinking it's 1-2s from your input to display via streaming - no, it is not.

This is quite old data, from nVidia (there are also few clips on YT of people testing it):

Nothing much has happened since, there is still no infrastructure for this...but give it a time and it will get even better...publishers will love this, it's absolute control of content delivery and monetizing, and, IMO, most people will accept it due to convenience...maybe not in 10 years, but eventually.

Whether or not people will accept subscription based gaming will depend on how it is priced and the perceived value. My guess is if you polled the 80 million console owners of PS4, that most would not be philosophically opposed to subscriptions.

I thought it would be this generation tbh. Either way, it's inevitable.

I realize this is important to you and many others, and you are completely fine to hold that opinion. I just don't think ownership is as important to the general population as you think. I could be wrong of course but that is my perception. If it was priced really well, people will like it.  I would point to the success of Adobe Creative Cloud and Microsoft 365 as two examples.