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Soundwave said:
Streaming will become more popular as fiber optic or similar ultra high speed internet gains adoption over the next decade.

I think eventually though, the chips in smartphones will become so powerful that they'll be able to stream high end graphics to any nearby display and all you'll need is a Bluetooth controller to play, many people will stop buying dedicated home consoles when that happens.

You don't need powerful chips to stream games. Just meh specs and good wifi.