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"Adding cloud gaming technology to a future Microsoft game platform, or to its Xbox Live service, could add a lot of interesting features for gamers. You could, for instance, log into an Xbox Live account from just about any device, regardless of whether it’s a game console or not. Older games could be made compatible with a new game console, without the usual costly hardware tweaks."

This is exactly what I think will happen. We don't need consoles anymore but services to play our games anywhere on any devices that can play games. This would free devs from having to code for different platforms for their games to be available to as many people as possible and end this stupid console exclusive bullcrap!