If they get 5 years, they will be lucky. I would expect that 2 years from now, MS and Sony will be looking at their systems wondering how to get a few more years out of them. The real problem will be based on how fast 4k adoption will come into play. If someone(Apple/Steam/Samsung) outside of the typical Sony/Nintendo/MS group decides to jump in with a better tech in 2 years or so at a similar price point the whole thing could go upside down.
Either way, the plan to go 10 years with the support of going through the cloud somehow makes some sense on first glance, but I doubt they will make it more than 4-5 years.
Tablets and high end smartphones will be nearing their power in 4-5 years. The last time that I mentioned this idea, I was told that a cell phone wouldn't need that kind of power. That's my point, they won't be just cell phones by then, they will be multimedia devices. I can already use my 2 year old iphone and play games on my tv. Each year, the power and capabilities of these devices really double. No reason to buy an XB1 or PS4 when my new tablet(3-4 years from now) has = or greater power and access to all the same games.
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