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curl-6 said:
Visual leaps between generations have been diminishing for a long time now.

The 5th to 6th gen leap was smaller than the 4th to 5th.

The 6th to 7th gen leap was smaller than the 5th to 6th.

The 7th to 8th gen leap is smaller than the 6th to 7th.

This.

 

Since OP is bringing screen resolution to the table:

 

Assuming screen size = 1

Assuming all pixels have equal size.

Asuming OP's data is correct.

 

- PS1 -> PS2:

Increase in number of pixels: 512x448-320x240 = 229376-76800  = 152576

PS1 pixel size: 1/76800 = 1.302x10^-5

PS2 pixel size: 1/229376 = 4.360x10^-6

So in the PS1 -> PS2 generational transition pixel size went down by: PS1 pixel size - PS2 pixel size = 8.66x10^-6

Efficiency:

(PS1 pixel size - PS2 pixel size)/(512x448-320x240) = 5.676x10^-11

So on average in the PS1 -> PS2 generational transition pixel size went down by 5.676x10^-11 per pixel added.

 

- PS3 -> PS4:

Increase in number of pixels: 1920x1080-1280x720 = 2073600-921600 = 1152000

PS3 pixel size: 1/921600 = 1.085x10^-6

PS4 pixel size: 1/2073600 = 4.823x10^-7

So in the PS3 -> PS4 generational transition pixel size went down by: PS3 pixel size - PS4 pixel size = 6.027x10^-7

Efficiency:

(PS3 pixel size - PS4 pixel size)/(1920x1080-1280x720) = 5.232x10^-13

So on average in the PS3 -> PS4 generational transition pixel size went down by 5.232x10^-13 per pixel added.

 

-Conclusions:

PS1 pixel size - PS2 pixel size = 8.66x10^-6

PS3 pixel size - PS4 pixel size = 6.027x10^-7

8.66x10^-6 > 6.027x10^-7. PS1-> PS2 is a bigger leap than PS3 -> PS4.

 

PS1 -> PS2: 5.676x10^-11

PS3 -> PS4: 5.232x10^-13

Adding a pixel is over 100 times less effective now than before. Diminishing returns.