It’s already dead. The conversation after the first 4 first-party multiplats has changed everything. Now every single new release comes with questions about when they’re coming to Playstation.
Console gamers who previously, and likely reluctantly, bought both platforms because of exclusives will simply play Xbox games on Playstation going forward. Not having to deal with delays is not enough of a selling point, especially not when games gets updates almost as long as they’re delayed. And with PS5 Pro all the Xbox games will be
better there as well.
If there are no proper exclusives then you don’t need the platform. Simple as that.
It’s a short-sighted strategy that will have longterm consequences. They’re moving into another phase where having the most player or play time is the focus. Every screen blablabla
Tbh, the same thing has happened for me with Playstation, I play all Playstation games on PC now, and it’s
awesome. Valve won over both Xbox and Playstation for me.