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I have the distinctive feeling that we're teetering on the edge of another Great Videogame Market Crash. Except unlike last time, there's a solid and powerful PC game market to pick up the slack when the consoles inevitably fall. Considering the direction technology has taken, if the console market crashes again, they will likely never recover and dedicated game consoles will go the way of the dinosaur.
Already mobile phone games are slaughtering traditional portable consoles. With widespread adoption of HTML5 and streaming services like OnLive, I can definitely see a world that no longer needs a dedicated game console.
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