PS4/Xbox One was the point where diminishing returns seem to kick in hard in my opinion.
In previous generations, games like Mario 64, Rogue Squadron II, and Gears of War blew my mind with how good they looked; not only were they lightyears ahead of anything from the previous generation, but they upended my perceptions of what a video game could look like.
Even 5+ years after the release of PS4/Xbone there still hasn't been anything on them that has met the expectations I had of what a true generational leap over PS3/360 would look like.
Now, that's not to say they look bad. Far from it; in my opinion even a lot of Wii U and Switch games look beautiful. Heck, as someone who grew up in the 90s and gamed through the formative years of primitive 3D, there are Xbox 360 games that still look great to me. I just feel like the jump from the 7th to the 8th gen was not as impactful as between prior gens, due to diminishing returns.
Bet with Liquidlaser: I say PS5 and Xbox Series X will sell more than 56 million combined by the end of 2023.