What was the cost of developing Crysis because in my opinion the graphics in it will be what to expect in the first generation of games from the next generation of consoles. I suspect the cost won't be significantly higher than the cost of developing games on current systems in their first two years and that the biggest jump in cost this generation was simply going from SD to HD.
I don't think we're going to see anything that will cause a major jump in development costs going from this generation to the next. For example going from the SNES to PS1 there was 3D, for PS2 to PS3 there was SD to HD, but with the generation of consoles after this one there really doesn't seem anything on that scale that will cause a jump in costs. There are games already that are 1080P, do they require a lot more money to make compared ot games that are 720P?
I think the diminishing returns people are talking about will actually be what keeps development costs in check in the long term.
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