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Conina said:
 

I agree that the progress has slowed down, but it's not THAT bad.

The GTX 970 (September 2014) is more than 3x as fast as the GTX 470 (April 2010) and has ~3x the RAM:

You had to pay €350 - €400 for a GTX 470 when it launched, but only €300 - €350 for a GTX 970 (I got mine for €290) when it launched. So about 3.5x the performance in 4.5 years.

The GTX 960 (January 2015) is ~2.7x as fast as the GTX 460 (July 2010) and has 2x the RAM (or 4x if you choose the 4GB-version):

You had to pay €200 - €250 for a GTX 460 when it launched (the cheaper ones were the models with 768 MB RAM), but only €180 - €200 for a GTX 960 (2 GB) when it launched. So about 3x the performance in 4.5 years.

Sorry it's difficult to find a good comparison between an HD5850 and a modern day card so i guess i could have been a bit off(what site is that btw?), especially since the progress moves exponentially. Though i think it's important to note that the GTX 470 was not a good card, an hd5850 was very close in performance and used less power at a price range of € 220- € 250. Also since PS3/360 launched power consumption of high end gpu's has more than doubled, so part of the performance gain is simply from amping the juice(and therefore making these chips less usable in small form factor consoles).

So i was a little to negative about the advancement but my point still stands. Looking at the charts you can see there has been an advancement of just over 50% in the last 3 years/two series. Up to about five years ago it wasn't uncommon to see performance gains off up to 80%-100% in just 1 year/series.

Like i said, 3 years after the PS3 we got the hd5850/GTX 470 cards which were probably 7x to 8x faster with up to 4x the video ram. 3 years after PS4 we have the GTX 970 which is about twice as fast with about the same amount of video memory. And PS3 was higher end tech for it's day and more expensive than PS4! So that's a huge slow down.

The gap between PC high end hardware and current gen consoles is growing much slower than last generation, and that makes high end PC hardware less interesting.