People have been telling me that consoles are dying and everyone will play on PC instead for over 30 years. The convenience factor of the all-in-one hardware, and the supported lifetime of the platform, can’t be understated. I can see docked phones being a replacement at some point. But I’d be surprised if PCs ever squash out consoles.
I saw that there is a PS5 native version in Beta now. Hoping they get around to making a PSVR2 after that has hit GA.