Could the PS3, Xbox 360 and Wii be the last round of true consoles? Sandy Duncan, who ran the Xbox business in Europe, envisions a radical change to the games industry. GameDaily has the story.
"The industry is fundamentally driven by technology. I think dedicated games devices i.e. consoles (and handhelds) will die [out] in the next 5 to 10 years. The business model is very risky and the costs associated with creating new hardware are incredibly high," he commented. "There is a definite 'convergence' of other devices such as set top boxes. There's hardly any technology difference between some hard disc video recorders and an Xbox 360 for example. In fact in 5 to 10 years I don't think you'll have any box at all under your TV, most of this stuff will be 'virtualized' as web services by your content provider."
