The executive said the console power chase has hit a “ceiling” and called for companies to compete on content rather than specs. “It’s time for a real hard reset on the business model, a hard reset on what it is to be a video game,” he told VGC.

Former PlayStation boss Shawn Layden has said that the disappearance of lower budget, AA games is a death sentence.

Shawn Layden, former PlayStation executive, has spoken out against the current industry model on several occasions. Specifically, he believes that big productions and AAA games that cost millions of dollars are not the right path,