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LethalP said:

What do you think? Should Sony be focusing on an ecosystem instead of resetting their library every generation, falling behind the competiton in choice?

Every generation? PS2 played PS1 games, and the early PS3 played PS1 and PS2 games.  It was great having three systems in one, but it didn't sell that well and lost Sony lots of money. PS4 has been a huge success for them and seem to focus on streaming for older titles.  I think PS5 might have BC assuming they do similar architechture, but Sony has been told by the market that they value big new third and first party titles over older games.