The part in bold type is obvious. The guy has a point there though.Our livelihood depends on people buying games...
Whether they upgrade to a new playstation or switch to an iPad doesn't really matter to me in many ways...
The new consoles will need the developers as much as developers are going to need these new consoles.
People have to buy games but if you don't go with the times, it will get to a point that people will stop playing games because their machine got old, broke, etc.
I know I will get old, break and be all done some day, and new people will be there, it's law of life, and it happens with electronics and so on.
On a different note, I wonder how the new info provided by Digital Foundry journalists in their article about the new Xbox devkit will complement with the fact that the initial idea is to create an scalable console, and how they could scale the console so easily without radically changing its basic architecture.