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Consoles won't die out so soon because of one basic thing: they are cheap (low costing) source of gaming. For PC, you have to upgrade your PC every 6 months or so to keep up with newer games (mine is at least 3 years behind). For Consoles, you simply buy it and you can run any game released for it, no system requirements at all. With advancing network and hardware technology, consoles will advance too. Web services will be better, offering more and more things and options for gamers and other people. Following generations might last longer if hardware will cost more to develop.

There's no way to stop console gaming as we know it, unless either every big company (like Sony) will bankrupt or there will be end of the world.