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ps4tw said:

Lol buddy then how was the xbox a game console as it was the new kid on the market? Real watertight argument. And how are you saying a period is the 8th gen? Does some magic bell in a far off land chime in a new game generation?

The X-Box was released during the sixth generation of video game development, was it not? There's your answer.

Now, in regards to the rest of your post, let me ask you a question in return. When does a generation of people begin and end? Classify that for me, if you would.

The term "generation" is not a concrete one. There's no specifically defined starting point or ending point. But the simple fact that it's difficult to determine where it begins and where it ends doesn't change the definition of the word. 

It's the same story with video games. I suppose if you wanted to define it by the games it played, then you could define a console as one that is designed for eighth generation games. But it's difficult to define when a generation of games moves from one generation to the next as well. In any scenario you present, it's virtually impossible to create any sort of concrete definition for when one "era" of video games ends and another begins.

The definition of generation (regardinghumans), from Merriam Webster's dictionary, is as follows:

 all of the people born and living at about the same time, regarded collectively.

Notice the "about" in the definition. If we apply that to video games, we get "all of the consoles created and running at about the same time." That's as concrete a definition as you'll get for the term generation.

What I find most interesting about your complaints, though, is that even though you accuse me of not having a concerete definition, defining a console by hardware specs is even more vague. What exactly is the limit of power required to be a supposed "next gen" console? Who is responsible for determining it? Does a panel of video game analysists congregate and decide what qualifies as next gen or not? Please, by all means, since you have such a firm understanding of this concept, enlighten us. What is the technical, waterproof definition of a "next gen" console?