The reality is that in 2025, the video game industry and market are very different than they once were. Back in the era of the PS2 and even PS3, tech was advancing rapidly from 2D to 3D to HD to 4K.

CEO Hideaki Nishino says the PS5 will have a long lifecycle, but this shouldn't delay the release of the next console.

This was one of the major complaints with the last-gen PlayStation 4, which can't play titles other than those launched exclusively for the console or ported onto it. Since the PlayStation 5 ...