Gaming hardware in the 2020s?

[Barkley]

CaptainExplosion2 said:

bunchanumbers said:

They will buy it and like it. History has shown that people will gladly give up ownership for convenience. We barely buy CDs anymore. We have iTunes instead. Same wiith movies. We have Netflix now. Games is the next natural step. Eventually it will get to the point where we don't even remember what physical ownership is in a decade. Access will be the new ownership.

But what about all the money companies have already made from hardware development? How would they possibly recoupe that?

Software makes the money in the video games industry, not the hardware. With a cloud service the already high profits seen from software could sky rocket. No high price for entry as no need to buy specific hardware to run the games, so you have an absolutely massive potential installbase, and more ways to monetize such as digital renting and more subscriptions, it's basically going to be a gold mine once the tech is there, assuming it's done right.