This generation is already baked in, was pretty much the moment Microsoft announced XBox Series S.
There isn't going to be a large jump forward in anything until Playstation 6 in 2028 and even then there is going to be a long, long, looooooooooooooooong cross gen period that will be worse than this generation where we're almost into year 5 and you can count the notable next-gen exclusives on maybe one hand, it's not like most developers even are going to jump in and start making PS6 only games in 2028.
There's no one in this business right that's sitting there saying "you know what I need right now? My gaming budgets to double again over what they already are today", let alone triple, quadruple again. There's no appetite in this business for that whatsoever. If there even was looking at the sales figures of things like Senua's Saga, Alan Wake 2, Immortals Aveum and even things like the recent Final Fantasy games are a sobering wake up call that going upwards in presentation/visual spend does not bring more sales with it.
Switch 2 will be great for all types of games, 1st and yes 3rd party games too, so will the growing segment of portable consoles, and probably even Switch 2 Pro which is probably going to happen this generation unless Nintendo can manufacture a COVID boost (unlikely).
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