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Yeah, at this point great CPU jump is almost given - but what next gen really needs the most is significant GPU jump due to how big 1080p to 4K jump is compared to 720p to 1080p in this gen.

Given that PS4 to PS3 is 8x (or 10x, according to Sony), if we go by that and 4K, PS5 would need to be at least in 15TFLOPs range...personally I'd consider that sort of minimum for 2020 console.