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Intrinsic said:

And thats a ridiculous assumption on their part. The PS4pro and Scorpio and even the NS coming next year pretty much guaranteed that this gen isn't ending in the next 3yrs. I have talked about this before, we need at least another fabrication die shrink to have tech that could even remotely facilitate what we would consider as next gen hardware. On the 14nm process, the  PS4pro and scorpio is the best we will get till 7nm fabrication comes along. 

And by all indications we wont even see the first 7nm chips till 2019 if we are lucky. And that's talking about Intel who usually gets there first and then everyone catches on like 1/2yrs later. By 2018 we could start seeing 10nm chips but that will only be good for  smaller consoles and lower prices and not good enough for performance bumps similar to what we have now from PS4-PS4pro.

I am with you on 2017 being the PS4s peak year, and i don't see too much of a drop off from then to 2018. 

Intel won't release 7nm until 2021-2022 apparently. There will be nodes called 7nm from Samsung and TSMC probably around 2019, if they aren't delayed, but those aren't as good as Intel 7nm. They are more like Intel's 10nm or slightly better. That's theoretically a ~3x improvement over the 16/14nm nodes, so I'm with you the next consoles certainly won't release before late 2019 at the earliest.