It's crazy to think how confident Sony and Microsoft were with the next gen consoles and how they were going toe to toe with top-end PC gaming, yet Nivida have basically made the consoles virtually dated before they've even launched which is crazy! The PS4 and XB1 were old when they launched but that was down to their own choice of tech and how badly positioned the market was at the time but the PS5 and XBSX looked like a gigantic leap into the next gen but the 3,000 series has really brought it back down to earth. The value and potential is also remarkable.
The 3070 which will be placed as a mid-range 1440p mainstream gaming card, is literally the same as the next gen console GPU architecture which will have to last at least 7 years to run and it wont have the extra technical bells and whistles going forward either. With Sony also bringing a few first party games to PC with a view of more and MIcrosoft already doing this, I can see console sales taking a huge hit right off the bat. AMD don't appear to be the competition here either - Nvidia have gone hard on MS and Sony. AMD will need to do something unreal just to get noticed again.