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Will the video-game industry crash again?

I'm not sure but, I believe that the last time the game industry crashed was because too many different game machines or consoles out there that where not superior to each other in anyway and probably that's why Nintendo had to save the industry back then with NES. I'm a bit worried that the industry is about to crash again.(My theory on my the video-game industry might crash again) It seems that companies like Nintendo, Sony and Microsoft are always trying to make consoles that are different but,that rendered a new experience from the others. Nintendo came out with the first console with 3d graphics(N 64) Sony and Windows came back with consoles with better 3d graphics that could play music, movies and even go online(PS 2, PS 3, XBOX, XBOX 340) I think it was probable that they still had competition with computers as almost every game on these consoles where also available on the computer, the computer could also play music(duh), movies (more duh) and much more. Maybe Nintendo made the Wii to not only reach out to casual gamers but, so that they could have some games the PC,PS3,XBOX 360 couldn't have at that time. Microsoft made a quick comeback with the XBOX Kinect, a motion sensor that could be used without any remote more specifically speaking, a "Wii mote". It's just a matter of time before someone makes a motion sensor gadget for the PC. Then there's the handheld games. Nintendo was dominating with the Game-boy Advance and the Nintendo DS for a while, until Sony made a hit back with the PSP(an awesome handheld with high 3d graphics on the go) Nintendo came back with the 3DS and Sony hit back again with the PS Vita. I think it's just a matter of time before all these companies release consoles or handheld that will not be superior to the other. I think they're running out of ideas right now. I mean, brain computer interface isn't even advance enough to turn it into a good gaming innovation. I think that one of these companies are going to fail.