Former Xbox exec says ‘the words first-party and third-party may just disappear’ amid doubts about the next console generation

techradar.com:

Peter Moore, the former vice-president of Microsoft’s interactive entertainment business division who oversaw both the original Xbox and Xbox 360, has offered some fascinating insight into the current gaming landscape and the potential future of the industry.

Speaking in a recent interview with IGN, Moore expressed doubt regarding the viability of another console generation after the PlayStation 5 and Xbox Series X|S. It’s no secret that console launches are incredibly expensive, incurring huge hardware costs that are often intended to be made up with later software sales. 

With a new generation of consumers that is, apparently, more interested in mobile gaming than traditional console experiences, it seems like a major shift in the industry could be on the cards.

“What you're now seeing and certainly hearing from a company like Microsoft is, does the cloud replace the need for bespoke hardware? Does streaming change the way we game to the devices that we're now used to, in particular smartphones? I don't think people are gaming less, they're just gaming differently,” he explained. 

“More and more you're seeing a generation coming through that is not about to sit down for an evening in front of the television with whatever the game du jour is this week.”

Moore draws some comparisons to the music industry, where dedicated music players have been broadly abandoned in favor of mobile streaming apps. “You think back now to music and gosh, Zune and iPod, and I go back to Discman and Walkman, bespoke devices that play music. Well, we don't have those anymore."

So now, whatever's streaming out of my phone on Spotify, or I listen to a lot of music on SoundCloud, but I don't have anything that plays music. Somebody gave me a DVD the other day, I have nowhere to actually look at this. Now the smartphone dominates. So gaming isn't immune to these changes in technology and viewing, listening, and playing habits.”

Later in the interview, Moore is asked whether he believes that this