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Anyway, back on topic:

I think the next XB will launch in a few years. We've reached the point where even 7th gen games still look good on their original hardware and it took almost a decade for their successors to arrive. M$ will be happy stretching this generation out for another few years (as should Sony). The Xbox One X should be capable enough for a while if the original hardware fails to satisfy.

--At this point, I'd like to point out that I have an Xbox One X/PS4 Pro on a 4K TV and I still feel like I'm not missing anything when I game on the standard consoles on my 1080p TVs--

When the time comes, M$ will release new hardware with new features that can still run the Xbox One library in addition to "next gen" software.