Square Enix CEO Yoichi Wada has said that Sony and Microsoft are secretly preparing for the death of the console era.
"In ten years' time a lot of what we call 'console games' won't exist," he said in a recent interview.
"In the past the platform was hardware, but it has switched to the network... A time will come when the hardware isn't even needed anymore," he added before noting that Sony and Microsoft are already preparing for "a new era dominated by server-based offerings, game streaming and digital distribution".
"Somewhere around 2005 the console manufacturers' strategy shifted," he said.
November 29, 2009 - 9:00pm