The Future of Gaming Consoles: Will They Become Obsolete?

The gaming industry is constantly evolving, with new technologies and innovations changing the way we play games. In recent years, the rise of streaming and mobile gaming has led some to question whether traditional gaming consoles will become obsolete. To explore this topic, IGN Live brought together some of the industry's most influential minds, including Shawn Layden, Van Burnham, and Michael Pachter, to share their thoughts on the future of gaming. Layden believes that consoles are facing significant challenges, including a stagnant market and a lack of innovation. He notes that the global install base for consoles has never exceeded 250 million, and that the industry's reliance on a few blockbuster titles is unsustainable. Burnham, on the other hand, thinks that consoles will continue to play a vital role in the gaming industry, particularly in the development of immersive, Holodeck-like experiences. Pachter agrees, arguing that while streaming and mobile gaming will continue to grow, they will not replace the console experience. Instead, he predicts that the industry will see a convergence of technologies, with games being played across a variety of devices, from smartphones to high-end PCs. The panel also discussed the rise of metaverse platforms, such as Roblox and Fortnite, which are creating new types of gaming experiences. However, they noted that these platforms are not a threat to traditional console gaming, but rather a complementary aspect of the industry. Ultimately, the future of gaming will be shaped by a combination of technological advancements, changing consumer behaviors, and innovative business models. As Pachter put it, 'I think we'll play games everywhere,' and the industry will need to adapt to meet the evolving needs of gamers.