Square Enix CEO Yoichi Wada has said that Sony and Microsoft are already prepared for the death of the console era.
“In ten years’ time a lot of what we call ‘console games’ won’t exist,” the executive told MCV.
“In the past the platform was hardware, but it has switched to the network… A time will come when the hardware isn’t even needed anymore,” he added, noting that Sony and Microsoft are ready for a new era dominated by server-based offerings, game streaming and digital distribution.
“Somewhere around 2005 the console manufacturers’ strategy shifted,” he said.
Source - Yoichi Wada: Sony And Microsoft Ready For The Death Of Consoles | Edge Online