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Intrinsic said:

Simple really, if every single game made is "multi-plat", then platforms no longer exist. And everything is inherently an "open-platform".

We will see, "gaming consoles" or "gaming PCs" from everyone. They will be as common as there are laptops and phones or even android TV boxes.

But in this case... doesn' whichever company that owns that engine own the game industry? Surely, they will take some royalties for every game made using their engine, even if its 3% of the game sales. While such a thing kills off platforms on the hardware side of things, it would have in turn created a monopoly on the software side of things.

That is way too much power to put in the hands of one company.

Exclusives are a by-product of platforms existing, and platforms are necessary fr the industry to grow and it keeps everyone honest. I could never support a system that puts this much power into the hands of one company.

If that super engine ever existed, it probably could be replicated/inproved by other companies who would develop their own mega universal engines 

Unless this dreaming scenario excludes any possibilites of recreating universal engine equivalents