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I think future Xbox hardware will be akin to a ROG ally or Steam Deck, IE a quasi-PC, semi open piece of hardware that exists to bring a console like experience to those that want to play PC games. It will no longer be a “platform” as such, but rather one hardware option in a sea of many.

It’s kind of sad, and a little worrying that there will be only 2 true game consoles left on the market going forward. I don’t expect Nintendo to change very much (what they have is working just fine) but I do expect the PS6 along with PS6 games to be priced catastrophically high