They should try to get games running at 120 fps on ultra settings at 1440p before 4k. Leave 8k to the next generation or maybe the one beyond that. Even the most powerful desktop GPUs struggle with 4k.
An RTX 2080 Ti gets 43 fps in AC Odyssey at 4k, 51 in AC Unity, 82 in Battlefield 1, 49 in Shadow of the Tomb Raider, 63 in The Witcher 3 etc.[0]
The numbers will change depending in who's benchmarking them, but they're not going to change much. This is the fastest GPU you can get right now and it costs over a thousand dollars, yet it still can't run many games at 4k 60 fps. It even struggles at 1440p in some. Yet this press announcement says that in a year to a year and a half there will be a console that will cost half as much as this GPU and it will bring many times higher graphical performance? I find it hard to believe.
[0] https://www.eurogamer.net/articles/digitalfoundry-2019-05-07...