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Machiavellian on 02 April 2013
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I still wonder why people ignore the context of this document. This is not an attack on the PS4 or AMD but instead this slide was from a GDC presentation on gaming in the cloud. It's Nvidia solution to consoles and even highend cards in general.

Right now you have just about every device you can imaging able to access the internet. You already have services like Sony Giakia or OnLive. Nvidia is promoting their Grid GPU arch to provide dedicated hardware for just this purpose.

Instead of building low margin chips for the consoles, it appears that Nvidia has another solution that will be competition. It is rumored that the steambox has changed design where it was going to be a PC in a box using Nvidia hardware but now is going to be a streaming box which would make it much cheaper. The box will be able to stream your games you have on your PC and also stream from the internet.

Does it not make sense that if the box is a dedicated game streamer that the cost will be way cheaper than your current consoles. Also if using the Grid solution from Nvidia, you can have Highend PC quality games with everything turned on streamed to your TV thus providing next gen games for a fraction of the cost.

This is from Nvidia Website on the Grid tech



GaaS: FREEDOM FROM THE CONSOLE
NVIDIA GRID for Cloud Gaming

NVIDIA GRID is the foundation for the ideal on-demand gaming as a service (GaaS), providing tremendous advantages over traditional console gaming systems.

Any-device gaming: High-quality, low-latency, multi device gaming on any PC, Mac, tablet, smartphone or TV.
Click-to-play simplicity: Anytime access to a library of gaming titles and saved games in the cloud. Play or continue games from any device, anywhere.
Less hassle: No new hardware. No complicated setup. No game discs. No digital downloads. No game installations. No game patches.

So people are wondering why Nvidia isn't putting their money with the current consoles OEMs. Its not that they are butthurt or that they are scared that AMD will have some type of advantage but instead they have something they feel is competition for the space and are trying to promote their product. Freedom from publishers and OEM console makers running on a services like Steam which a lot of people already use sounds like a good market to develop your next hardware in. Maybe this is the reason Nvidia stated that their bandwidth is only so big that they cannot waste time on something that will not net enough profit at the cost of better ventures.