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Crazy thought, next gen there is only one console, the XStation, a collaboration between MS and Sony.

Sony gets the platform royalties, MS handles the subscriptions including gamepass and psn/xbl put together. The hardware is almost the same anyway nowadays, why still have separate boxes. Cross-play is always asked for. Both are releasing games on PC already. Sony already uses Azure, MS would like gamepass to be on Sony TVs as well. It has worked before with MSX.

Sony does the hardware, MS the network infrastructure. Both compete on software. Developers only have to optimize for one platform, no money lost of platform exclusive bonuses etc. Too good to ever become true!