Many analysts and industry experts believe that the upcoming generation of video game consoles will be the last.
Tekken producer Katsuhiro Harada agrees with that theory, as he told Famitsu (as translated by Kotaku ) that the PlayStation 5 will probably include just a controller and monitor. No more dedicated hardware box.
"I think in the future, it'll will be a contest of services instead of hardware. When there's the PS5, it will probably be just a controller and a monitor. Then, the thing that will be left is the name of the service."
Sony will be implementing its new Gaikai cloud service on the PS4 in 2014, and then it'll be available on the PS3 and PS Vita. That appears to be the future, like it or not. Furthermore, Harada isn't the only one with this view, as president of Sony Worldwide Studios Shuhei Yoshida hinted last month that the PlayStation brand will likely evolve from hardware to a service. An actual console is important, he said, but only "for now."
Yes, the digital age means less tangible, physical things and more reliance upon things we can't see. Get used to it.