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DirtyP2002 said:

What kind of specs do you expect the next Xbox to have?

Xbox One released 8 years after the launch of the Xbox 360 and was about 6 - 8 times as powerful
Xbox One X released 4 years after the Xbox One and is much more powerful, especially the GPU (4 times faster) and the memory, which seemed to be the bottleneck.

What kind of consoles can we expect in three years?
Just a console that "only" doubles Xbox One X specs seems so unreal today.

12 Tflops GPU
24 GB DDR5 RAM
2.3 GHz 16 core CPU

Possibly something like this, except with a CPU of 8 cores and maybe less RAM.

On these days of slower improvements, the two pro / elite consoles sort of cornered the manufacturers in terms of what they could deliver (for reasonable prices) and yet impress the gamers and the media. I assume that's the reason they are coming with more than one device, a standard HD console and a 4K console, perhaps, to be compared with the respective model of consoles they are replacing. It is projected to be less 4K TVs on homes by 2020 than there were HD TVs back in 2005, so it's not an unreasonable approach.