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I though in a future where the input lag wasnt achieved, but hardware advances come to a stage with such computational power/low power consumption, making able to very small devices be powerful enough for high-end-visual games.
So, the chips can be incorporated to TVs, of even included on the game controller and transmitted wirelesly to a TV.
Hardware developers would sell only game controllers, or portable/hybrid devices.

But in the case the cloud remote play become the standard, everyone might go to stadia route. Only hardware to sell is the controller, the rest would be the software, subscription, services,