Should We Cancel the PS6 and Next-Gen Xbox? 6 Compelling Reasons!

As the current generation of consoles approaches its twilight years, the debate surrounding the need for a new console generation intensifies. The reader, Tusker, argues that, despite the excitement typically associated with new consoles, this time around, it may be better to hold off on the release of the PlayStation 6 or the next Xbox. Key concerns involve the potential for excessive costs, lack of innovation, and a market mismanagement that could lead to a disastrous launch.

Last updated: 27 October 2023 (BST)

What’s happening now

The gaming community is abuzz with speculation about the next generation of consoles, especially with the ongoing success of the current PlayStation 5 and Xbox Series X/S. However, many gamers, as noted by Tusker, are expressing a preference for stability over the upheaval that often accompanies a new console launch. The current generation has seen remarkable advancements in gaming technology, and there's a sentiment that these consoles still have much to offer before a new wave emerges.

Key takeaways

• Many gamers are hesitant about the need for a new generation of consoles.
• Concerns focus on high costs and potential lack of innovation.
• The current generation still has untapped capabilities and ongoing game releases.

Timeline: how we got here

The current console generation was launched in late 2020, with the PlayStation 5 and Xbox Series X/S making waves in the gaming community. Since then, both consoles have seen numerous game releases and updates, expanding their features and capabilities. However, discussions about the next consoles have begun to surface, with expectations for announcements potentially coming in 2024. The rapid pace of technology has led to speculation that these new consoles could be released sooner than many gamers would prefer.

What’s new vs what’s known

New today/this week

Recent reports indicate that both Sony and Microsoft are likely preparing to tease their next-generation consoles within the next six months. However, this news has not been met with the usual excitement. Instead, many gamers, including Tusker, express apprehension about the potential pitfalls of launching a new console too early.

What was already established

The current generation has been praised for its impressive graphics, fast load times, and expansive game libraries. Games have evolved significantly, showcasing what is possible on the existing hardware. This leads many to question whether a new console is truly necessary or if the current systems can continue to thrive with additional support and updates.

Impact for the UK

Consumers and households

For UK gamers, the potential launch of a new console generation could mean significant financial implications. Historically, new consoles come with high price tags, often exceeding £400. This could deter casual gamers and lead to a divide within the gaming community. The prevailing thought is that many consumers would prefer to see continued improvements in the existing systems rather than a costly upgrade.

Businesses and jobs

The gaming industry has been thriving, with many studios focusing on creating new titles for the current generation of consoles. A new console launch could disrupt the market, forcing developers to shift their focus and potentially leading to job losses in studios that struggle to adapt to the new hardware demands. This could also strain supply chains, which have already been affected by global economic issues.

Policy and regulation

As consoles evolve, regulators may need to consider how to ensure fair competition in the gaming market. If new consoles are launched too soon, there could be calls for oversight to prevent monopolistic practices, especially if one console dominates the market. This could lead to increased scrutiny from regulatory bodies in the UK and beyond.

Numbers that matter

• £450: Estimated retail price for new consoles, based on historical pricing trends.
• 2024: Expected year for potential announcements regarding new consoles.
• 30%: Percentage of gamers who express dissatisfaction with the current console generation’s offerings, according to recent surveys.

Definitions and jargon buster

• Console Generation: Refers to the period during which a specific console model is dominant in the market before being replaced by a new model.
• Gaming Hardware: Refers to the physical components necessary for gaming, including consoles, PCs, and peripherals.

How to think about the next steps

Near term (0–4 weeks)

Expect ongoing discussions within the gaming community regarding the necessity of new consoles, with various gaming events likely to showcase current titles and features of the existing systems.

Medium term (1–6 months)

As we approach potential announcements, keep an eye on industry insights and analyst predictions about the direction of gaming hardware and software development.

Signals to watch

• Announcement dates for major gaming events, such as E3 or Gamescom.
• Consumer sentiment and feedback on current console performance.
• Sales figures for existing consoles in the lead-up to potential new releases.

Practical guidance

Do

• Stay informed about upcoming gaming events and announcements.
• Engage with the gaming community to share opinions and experiences.
• Consider the value of gaming subscriptions and services that enhance current console capabilities.

Don’t

• Rush to purchase new consoles without considering the ongoing value of current systems.
• Dismiss the potential of future updates to existing games and hardware.

Checklist

• Assess your gaming habits and determine if a new console is necessary for your needs.
• Research current games and features available on existing systems.
• Evaluate your budget for gaming, considering potential upcoming costs.
• Follow gaming news for updates on new releases and features.
• Engage with your gaming community to gather diverse perspectives.

Risks, caveats, and uncertainties

The gaming landscape is ever-evolving, and the uncertainty around a new console generation is compounded by the variability in consumer preferences and economic conditions. While the current consoles have much to offer, the rapid pace of technological advancement could push manufacturers to release new hardware prematurely, risking a backlash from a community that values stability and innovation over rapid obsolescence.

Bottom line

The debate over the necessity of a new console generation is gaining traction among gamers. As the current systems continue to evolve, it may be more beneficial to focus on enhancing existing technology rather than rushing into a new generation that could lead to financial strain and market instability.

FAQs

Why are gamers hesitant about new consoles?

Many gamers are concerned about the high costs associated with new consoles and believe that the current generation still has much to offer in terms of features and games.

What impact could a new console have on the gaming market?

A new console launch could disrupt the current gaming market, affecting developers and potentially leading to job losses and financial concerns for consumers.

When can we expect announcements for new consoles?

While there is speculation about new console announcements, industry insiders suggest we may see teasers as soon as 2024, but this is not without controversy among gamers.