I have not watched the video, but will respond to the OP.
That the Xbox One S competes with the PS4P is self-evident? They are both consoles, they are both slight alterations to consoles that had a slight power differential. They are both touting 4K upscaling of games and 4k video display as key features (albeit with the Xbox One S having the 4k Blu-Ray drive the PS4P lacks).
If your argument is that the PS4P has a sufficient power differential to make it out of the Xbox One S's league, that is your opinion, based on a completely unscientific term.
But to an average consumer, the biggest differentiator of the two is going to be the current strength of the PS brand, and price. Feature for feature, these two consoles are absolutely in competition with one another.
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