I think graphics have got good enough that another 10 years of games looking like they do now (and this means the big expensive ones like Horizon, GoW etc) would be enough for most people. Smaller upgrades are best for a bit as these companies need to become cost effective.
This said I still want innovation and after Sony's development into first media sharing/game recording in PS4 gen and interactive gaming in the dualsense for PS5 gen, we need something outside of just an upgrade to make it feel like a new gen. MS is content with doing that as they are moving to a more service like structure which isn't innovation, just how you get the games, and might results in stilfing the industry as they need to keep up with the demand of "day 1 games" yet also being the "best of the best" as well, they can't maintain that, even with buying up half the industry, so they've got to add more in the long run. Not sure what Sony can do next gen as innovation to make a PS6 not just an upgrade.
Hmm, pie.
