I was just reading this article about the famous lengendary video game director, Hideo Kojima, who's leaving Konami for good since he has been highly disliking the direction that Konami is heading toward and is just fed up with it. People are just mentioning how video game companies these days can make more money through mobile phone games than with regular, full console games. I've heard that even Nintendo is now starting to head towards this direction, which I hope it isn't true.
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The future will be things like Chrome Remote Desktop and PS4 Remote Play. For demanding tasks such as games, smartphones/tablets will be used essentially as just a screen, connected via a high speed internet connection, to a far more powerful console or PC back home (or perhaps the developer of a piece of software might force you to run it from *their* server, for which they will charge a monthly fee, which would be a good way to prevent piracy). All the complicated calculations are handled by the console/PC, which then streams video to the mobile device, which in turn sends back the player control inputs.1