Here’s a portion of an interesting interview with Ubisoft co-founder and CEO, Yves Guillemot, and one of the topics he speaks on is console cycles, including the next generation in particular.

“I think that what has happened is the transition has been very long…You know, in the industry, we were used to changing machines every five years. This time we are in the seventh year of the 360. We need new consoles and at the end of the cycle generally the market goes down because there are less new IPs, new properties, so that damaged the industry a little bit. I hope next time they will come more often. Transitions are the best times, are the best ways, to make all of our creators take more risks and do different things. When a console is out for a long time … you don’t take as much risks on totally new IPs because even if they are good, they don’t sell as well.” – Yves Guillemot

For more, visit Polygon.com and see what else was said.