Why is Sony being left out of the Streaming Future Conversation? Why are we even having it?

[Pemalite]

forevercloud3000 said:

I would attribute the fact it might have better colors with Streamed content is not dependent on console base hardware, so the version on the Switch is some level of a PC version stream.

Console hardware most certainly does play a role. - Especially when it comes to decoding streams.
The Switch by extension having a more modern SoC is likely to support newer encoding formats.