Yeah, sure, because those companies still don't know enough about me. They need to log every single button I press. Always on, always connected. No, thanks. It may be the future, that I don't know, but I know for sure that I won't participate. I don't want to pay every month for countless services, I don't want to not be able to play when my connection goes down. I want to buy some hardware and that's it. If I want to buy a game, I want to buy a game and not the permission to play something for a limited amount if time or something.
As for the cloud helping local hardware. How is that supposed to work? Even if they reduce the lag by some miracle, who is gonna pay for all those super-computers that need to be running? In the end, you will need the same processing power, the computers are just located somewhere else (that way, companies also get to check your data way more easy, oh, how convenient!). In my eyes, it's better if I have the hardware myself. That way I can do just what I want with it. And it won't happen that I want to play a game and the console tells me "You're number 9.755 in the queue" or something like that.
So, the cloud may be the future, but without me. If one day there is no other option, I will just be a retro gamer. There are more games already available than I could ever play in my life so I'm good. But people also told optical discs would disappear for years, they said PC gaming is dead, they said Nintendo is dead, they said Apple is dead and whatnot. Well, guess what, they're all still around. The cloud will be an option, but it won't ever replace local hardware. Sure, Microsoft spent a hell lot of money on that stuff. Like they did with surface and Windows Phone. Just because you throw money at something doesn't mean it's gonna be the next big thing.
Oh yeah, and with data caps coming to germany (reach 75 GB and your connection goes to shit) I don't see a very bright future for that stuff around here.