Now that the Steam Deck and linux gaming has found some success I really hope Valve or someone else revisits the home console market with a similar approach.
You couldn’t really build a PC for the same price as a PS5 with the same performance unless you’re buying used parts in most places but that’s not because Sony is selling consoles at a loss right now like the olden days. A large system integrator like Valve (or xbox if they want to change their formula) could offer similar perf/price without all the downsides of these locked down consoles.
I’m doing my part by writing really shitty foss projects for AI to steal and train on.