I agree with this.
It always seems to take awhile for devs to take advantage of the "new thing", and show off what it can do. For example, on the X360, it wasn't until Gears of War came out that I was like "wow - this is why I bought this system". For the PS4, it was Horizon:Zero Dawn.
That being said, Microsoft buying Zenimax (Bethesda, ID, etc) for over 7 Billion bucks is impressive.