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Ljink96 said:

Very soon, yeah probably not very soon but I stand by everything else I said. Check out these two videos:

My point isn't to say that I don't think consoles suck or anything of the sort but to make it known that the fact that regular consumers are questioning the need for consoles is telling. 

*snip*

And a rebuttal from someone who is probably the most genuine console owner in history:

*snip*

They both make great points and I know the field MIGHT not be like I say it will be or think it will be. That's the whole idea of making I dunno...a prediction? When media converges, something has to give. Same case with Blockbuster vs. Netflix. There were people who honestly thought that DVDs and DVD players would be around forever and now look where it is. Netflix, a streaming service is destroying the home video media entertainment realm. With Hulu and Amazon Prime Video, etc. following suit.

In the future, the tech will eventually hit that point where streaming games to a little box will be how you play games. Not because it's how I think it should be but just by studying history. History repeats itself. It's never clear when it'll happen, but it does. Consoles like we know them and "generations" they just won't exist, that's my prediction. You're welcome to yours, I'm just making a prediciton based on trends and history. I don't have beef witih consoles or console generations I wouldn't mind it staying this way for some time but you can't stop progress. It doesn't care what we think. I'm just saying there have been many instances where the consumer base has become so comfortable with the way things have been that they can't see it being any other way and that's kinda stepping into the realm of blissful ignorance. Which is fine I guess, whatever makes us happy.

I think you might've missed the point I was trying to make ... 

My argument was not about how we can stop progress but it was about the possibility of progress stagnating or having no progress at all! 

My analogy would be is that consoles are like car engine technology where the latter has stopped progressing and that we know the former is going to reach that point one day ...

My question is what will happen if we can't have new consoles anymore or there's no reason to make new consoles anymore ? (Generations or not would be trivially redundant in this case.)

As for game streaming, I don't think it's ever going to take off since there's a cost associated with a middle man known as the game service streamer and it's most likely cheaper for both the platform provider and the customer for the former to push costs on the latter to buy the hardware instead since you get individual ownership of the platform (if you play a lot this is cheaper when you're billed on time basis with game service streaming), higher quality experience (lower input lag and better image quality) and no requirement of high speed internet ... (game streaming makes most sense for super casual gamers (plays less than 5 hours a month) so consoles are equally valid platforms as streaming boxes are if not then even more so)