Mazty said:
3) Are PC's involed with gen in anyway?
4) Do we, or will we, have to start considering tablets/smartphones as being part of gaming gen?
5) Do we even need the label of gen?
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I think these questions in particular have related answers. Dedicated consoles have been the predominant platform for gaming since they took the title from arcades over 2 decades ago, but that's changing. PC gaming is growing, and mobile gaming is taking off. Now, I don't think "dedicated" consoles are going away -- although they are already becoming less "dedicated" and more multimedia-focused.
But what's happening? PC gaming generations are defined more by software and engines, as you mentioned, than by hardware. Mobile devices iterate yearly (or even more frequently), sometimes improving the hardware dramatically from one model to the next. Compounding that, the specs of mobile devices released in the same year can vary greatly depending on the manufacturer. Mobile generations do not correlate to console generations in any way.
With such a large amount of the market moving away from the traditional generational format, I think generations as we know them will soon be a thing of the past. I wouldn't be surprised if future console releases are completely unrelated from one another. Different release years, prices, specs, services. The only things that will be nearly the same are the games, with them becoming more scalable all the time -- one of the reasons power is perhaps less important than ever.