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"Generational Leaps," in that they wow us with the advancements and experience, are no longer the sole responsibility of system power.  If it were, we may never experience another "leap" again.  Power could increase 2 or 3x fold at this point and other than upping resolution to 4k and a few games developed by long time huge development teams building upon existing game assets, we would rarely see any differences.  Interface, design, and application are going to be the biggest leaps going forward.  If PS5 grabs ahold of the VR market and revolutionizes the setup, making it mainstream, then THAT would potentially be a "leap" to the degree that we have expected.