the idea of the "omg console wars" is all but dead...at this point, it's pretty clear that all 3 console makers are doing something completely different
Nintendo relies on gimmicks and a staple of top selling IPs....they aren't interested in being the most powerful console and there is really no need to be when you are making the kinds of games that Nintendo people play
Microsoft just wants subscriptions to Gamepass...it's a great value and probably the most consumer friendly....the long term effect on the devs of these games is yet to be seen....look for plenty of monetization from Gamepass titles to allow devs to recoup money they might have gotten for a traditional sale of their game
Sony is content to keep on doing the same things they have been....they know if they continue to make bangers, people will happily buy them.....and they are being persistent with VR which is mostly dumb but i guess someone has to do it