Maybe such a topic belongs on a Gamefaqs board somewhere in the barren landscape of that part of the internet, but I somehow shudder to think what those kids will make of a serious topic.
But, with the current generation established, what will the Next Gen hold? It's only 4-5 years away.
What about the major players? Will we still have the current big 3?
If Sony pulls out of its current slide, we can certainly expect a PS4, as I expect it will. But some have cast doubts about a PS4 even existing. The Xbox is picking up momentum and so Microsoft will probably continue its console line at least into another gen. Nintendo doesn't seem to want to die, and will probably do really well this gen.
As for other players? Rumors are going around that Apple may be planning to break into the console game. (Hopes for a Nintendo-Apple merger? Possible.)
What about the technology?
"Better graphics" are beginning to hit an apex--where realistic games have enough power to run. (Some would argue realistic graphics shouldn't be a goal at all.) So, what direction will it take? With the Wii's innovation, or "novelty" as naysayers call it, catching on, it seems interactivity will be a major focus next-gen. My hopes? I hope that Nintendo revives the power glove! And for all the systems, I hope the TV will bow down to a 3D virtual reality headset.