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LMU Uncle Alfred said:
The NES, although the PS1 completely set a a new standard on how we viewed video games from just blips and overly simplistic plots/narrative structures in video games to full 3D environments, powerful story telling and taking the industry from just surviving to thriving. NES was the revival, and PS1 was the standard setter for consoles and even a lot of PC games.

Storytelling was already growing in the SNES days.  See Final Fantasy IV, VI, Chrono Trigger, etc.  Yes, the PS1 was the first dedicated 3D console but that's less an accomplishment and more of an inevitability, that's where technology happened to be, Sony didn't invent any of that.  Worth pointing out as well, the industry pre-PS1 wasn't just surviving, ut was thriving and growing.  What little sales data we have from pre-FFVII PS1 vs N64 sales show that had no PS1 been made, Nintendo would have had an exceptionally successful generation as most of its partners stuck around rather than migrating to PS.  The Saturn also may have had a substantial boost from some devs migrating there.  Point is, the Playstation is historically significant for its sales numbers but not in the way of massive influence compared to systems like the NES that truly changed...well everything.