It's pretty much what they did with the Switch, despite the fact that the technology (Tegra X1 ) isn't forefront. But making the "console vs handheld" thing pointless is a pretty huge step forward.
I mean, last night I had a great time playing Super Mario Party with my friends, and I'm still amazed how that tiny little tablet could have evolved into so much more, and isn't clunky at all.
And people'd be like "yeah but xbox one/ps4 is more powerful" but is power still revelant today ? I don't think so. Traditionnal consoles sit between the Switch and the PC, which bith offer flexibility and and adaptation.
I think traditionnal consoles are no longer relevant.
But he was talking about moving away from consoles period, not just traditional consoles.