The executive said the console power chase has hit a “ceiling” and called for companies to compete on content rather than specs. “It’s time for a real hard reset on the business model, a hard reset on what it is to be a video game,” he told VGC.

During a conversation at Gamescom Asia (via GamesIndustry.biz) with Raw Fury co-founder and chief publishing officer Gordon Van Dyke, Layden talked about the disappearance of AA studios and the negative impact it's had on the industry.

Former PlayStation boss Shawn Layden has said that the disappearance of lower budget, AA games in favor of AAA games is a “death sentence.” Speaking at Gamescom Asia, Layden opined that relying on “triple digit millions” costing AAA games is stifling creativity as companies take less risks.

Former PlayStation America boss Shawn Layden has been dropping truth bombs again, as he decries the death of AA games development.