People need to forget about this cloud computing nonsense with xbox one. It's just a marketing gimmick by MIcrosoft to make it seem like the ps4 technical advantage is not important. At the current time there is no real substitute for having more powerful hardware.
Also if a game requires dedicated computing power at the other end of your internet connection to assist your local hardware so it can render quicker or compute faster then you will have to pay for that, its not going to be cheap for the provider.
Lastly its probably just as easy and fast to fully stream anyway so by the time our internet connections are fast enough we may as well just send our movement data for the joypad to the servers and get back compressed video generated the game running remotely rather than try to split tasks. So by that time you won't even need something like the xbox one or ps4 a basic smart tv with decent joypad and fast internet connection will suffice.
How long before each neighbourhood/block shares a single powerful server that provides computing for 100s of people who pay a monthly fee for gaming, video, communication and other services and only need low cost terminal hardware in the home. Our current internet services will gradually change to full media and computing services.
