I personally don't have the PS4 yet, but here's a PS4 owners thoughts...

Per the article from Gamers Sphere:

I’ve had my Playstation 4 since launch, and I haven’t had many complaints about it. Overall, it’s a very solid system, and I am quite glad that I made the purchase. Despite all the great things I can say about the system, right now, the PS4 is failing in one key department: exclusive triple-A titles, and really, triple-A titles in general. Although my PS+ subscription is bringing me a free game every month, I’m missing the large-scale titles that boggle the mind. I’ve been waiting for that game to define the platform, much like Titanfall has become for the Xbox One. Today’s Infamous: Second Son is a step in the right direction, but I think that Sony has a lengthy road ahead of them if they want to truly prove that they have the big titles we’re looking for.

I’ve been kept at bay with the free PS+ games every month. I loved Dead Nation this month, and last month’s Outlast was even better. I wasn’t a huge fan of Contrast, and I disliked Don’t Starve so much that I couldn’t even finish it, but that was due to personal preference; not because the games were bad. On the other hand, Resogun was one of my favorite titles if not my absolute favorite title of 2013. Overall, I’ve been given a handful of spectacular titles that I truly have enjoyed. I’m missing the big moments, however. Where are the large games to define the system?

Don’t get me wrong, I have nothing against indie games or indie developers. There’s absolutely nothing wrong with the indie games I’m getting for free every month. But I really haven’t had huge reasons to continue playing my PS4 past the initial experiences presented through these indie games. For example, Outlast was fun, but it only lasted about 5 or 6 hours. It’s not the type of game I’m likely to run through again, so I have no reason to revisit it and use my Playstation 4. Right now, I desire a big first party title to give me a reason to sink a couple dozen hours into my PS4. These indie games are bite-sized, and a gaming console for serious gamers should be focused on the major, lengthy experiences as much as these bite-sized ones. Sony has done a fantastic job at bringing indie games to light, but right now, they’re somewhat failing at bringing new, large, exclusive titles to fruition. Since launch day, we really haven’t had anything meet these criteria aside from the new Infamous.

For proof, let’s take a look at the current PS4 games that fit at least one of the criteria above (excluding launch titles) of new, large, or exclusive.

Escape Plan: Sony exclusive, yet small in scope and is cross platform between PS4, PS3, and Vita. Ported title; not new.
Doki Doki Universe: Again, small in scope, and cross platform between all Sony systems
flOw: Small, ported title from the PS3 to the PS4.
Infamous: Second Son: Meets all criteria; is a PS4 exclusive, and is a large, triple-A title.

That’s it. Unless I’m missing something, those are all the Sony exclusive titles that we’ve gotten aside from the ones on launch day. Even at that, only one is a PS4 exclusive. Two of them are ports from older consoles, and the other one is a Sony cross-platform title released since launch. The rest of the titles we’ve seen on the PS4 have been cross-platform ones, which gives us nearly no reason to buy the PS4 over the Xbox One, or even to buy a new console at all, since most of these titles have released on the PS3 and 360 as well.

Don’t let me be misunderstood; the PS4 has seen triple-A games since launch, such as Thief, Metal Gear Solid V: Ground Zeroes, The Lego Movie Video Game, and so on. It is also true that titles for the new generation of consoles often contain exclusive content and upscaled graphics. Therefore, I would be wrong to say that the PS4 doesn’t have triple-A games, and I would also be wrong to say that buying a PS4 is completely useless. Wording is key here, and I’m very carefully saying that the PS4 is lacking large, exclusive titles, and that (as far as gaming is concerned, barring other entertainment features) the only real reason to buy a PS4 is for a little exclusive content and better graphics. This is pretty depressing for me to admit, as I’m a huge Sony fanboy, believe it or not.

It is also true that more triple-A games will be releasing on the PS4 soon, such as Watch_Dogs, Lego The Hobbit, and Wolfenstein: The New Order. Again, however, we see a lack of exclusive titles aside from indie games. Really, we’ve only had one major exclusive (aside from the few launch titles) in the four months the Playstation 4 has been out in the wild, and if I had written this review yesterday, that number would be at zero since Infamous: Second Son only released today.

I’m purposely declining to compare the PS4 to the Xbox One or even the Wii U. The reason being that this isn’t a comparison game; it doesn’t matter whether the competitors have more or fewer games in general, or if they have more or fewer triple-A titles, or even exclusive titles. The point does not lie in games that will be released in the future either. The point of this article is that as a PS4 owner, right now, I am currently seeing a lack of worthwhile games that I can really devote some time and attention to. It’s plain and simple, and it has nothing to do with the competition.

If you love indie games, you can dispute this claim, and I’m sure you will. But I am a gamer who only has a slight interest in indie games, and yet I’ve been able to play nothing but indie games aside from a couple cross platform launch titles (that I could have gotten on my last-generation consoles without needing to buy a new $400 box) on my current budget. This is a problem because Sony made themselves look quite gaming oriented at E3 before the PS4 launched. Aside from Infamous, I’ve had no exclusives to look forward to, and this is a major problem for Sony; what’s the point in buying a PS4 over any other system if there aren’t exclusive titles that make the PS4 worthwhile?

Source : http://gamerssphere.com/2014/03/21/current-problem-ps4/

infamous just released yesterday. geez.

Oh, in a few years the exclusive AAA games list will be huge. That's exectly why I don't have a Playstation 4, yet. Can't wait for the E3

Is LEGO really "Triple A"? Hmm...

Now the PS4 has built up some sales I’m sure Devs will flock to it and make some games with Sony.

Stopped reading when he said a multiplatform multi generation game defines the xbox one and is mind blowing and large scale. Online only with 6v6 isnt large scale nor mind blowing. Its a solid online experience thats fun to play.

If you buy a console on its first year you are going to have a bad time (i own a ps4 but i understood i would be playing my ps3 more this year).

Could have just gone with...no gaemzzz.

you didn;t read anything

If you ask my kids, they think so.  They ask me to buy it every time we walk buy video games in a store.  They really like the Marvel Lego game we bought at the XB1's launch.