Epic President: What's the point of Next-Gen consoles?
Kinda agree, actually.
Pop in your iPhone 8 via Micro-HDMI into your big screen and play Gears of War 4.
Okay, not that it is actually that easy, but still...
There's still the "issue" of funding and creating higher fidelity art assets. Nobody really wants to have a dev team of 500 people working on a Next-Gen title.
Call me humble, but I'm still amazed at how pretty pixels todays consoles can render. Bioshock Infinite, Gears 3, Heavy Rain, they all look gorgeous.