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How today's games could look and run better on future consoles

Since the arrival of the Xbox 360 and PlayStation 3, games have skewed towards multi-platform projects, but could it be that we are now moving into a period of multi-generational development? After all, we now have developers targeting console hardware with graphics power at the base Xbox One's 1.3 teraflops, right the way up to Xbox One X's 6TF, with a brace of PlayStations sandwiched in between.
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