More or less what we will get next gen only on a 7nm process.
Considering the fact that
TSMC's 7nm brings a 70% area reduction and 30% Performance or 60% Power reduction compared to 16FF+, then a 400mm^2 chip at 7nm should get us:
24 CUs / (1-0.7) = ~80 CUs
1.3GHz x (1+0.3) = ~1.69 GHz (if ISO Power)
4 Zen / (1-0.7) = ~12 Zen cores
3 GHz x (1+0.3) = 3.9 GHz
That would result in a 17.3 TFLOPs GPU and 12 Zen cores at 3.9GHz.
Realistically, I think it's safe-ish to assume the next-gens will be able to boast >13 TFLOPs GPUs and at least 8 Zen cores at ~3.5GHz, as long as the SoC size remains at 350-400mm^2 and they don't spend tons of die area on eDRAM.
Extrapolating a memory subsystem with enough bandwidth to feed such a SoC
and bring a significant capacity upgrade at a reasonable cost is a much harder task, IMHO.
I just hope the current RAM pricing won't force the console makers to implement on-chip eDRAM, unless they're willing to increase die size by a substantial amount.