They must loath PC's then.
We are in year 7 of last gen consoles right ? Holiday 2013 ? Look at watch dogs running on base xbox one and ps4. Those are consoles that have long out stayed their welcome and they never really broke under $300. Think about that... 7 years and aside from a few black friday events they were $300 or more.
The ps5/ xbox series x aren't going to drop huge amounts in terms of price . But you know what ? You take a navi 4 and the ray tracing wont be an issue , 4k wont be an issue for games. You'll likely be able to move up to 24 gigs of ram in 2024 also. SSDs will get even faster and cheaper for higher capacity. . You'll be able to release a much more powerful console for the same price.
Look at it this way. If in 2024 I'm right and MS releases a zen 2024/ navi 2024 and it has two generations newer ray tracing , more rops , more ram and more of everything and they release it at the $300/$500 sku and sony drops the ps5 price to $300 by then and releases a ps5 pro with navi 3/4 sony will again be in a bad position. Worse if sony doesn't do a pro version
I guess we just have to wait and see.