The people working on the Oculus Rift firmly believe that virtual reality and augmented reality will outshine Microsoft and Sony’s latest game consoles.

In an interview with trustedreviews, Oculus CEO Brendan Iribe states that he doesn’t think the PS4 or the Xbox One’s life cycles will be long enough to have sustainable interests from the gaming community seven to eight years from now. VR, on the other hand, Iribe says is the future and the technologies’ life cycle will be ‘insane’ compared to game consoles.

Oculus Rift Oculus CEO says Sony and Microsoft need to hop onto the VR wagon

As for the Oculus’ compatibility with consoles, Iribe wanted to make sure that the headset can make an impact on the PC segment first.

“We’d like to see it (Oculus) eventually become compatible with consoles, but right now we’re mostly focused on the PC side—we’d love them to come up with something,” says Iribe.

Even modern consoles such as the PS4 and Xbox One have fixed hardware, which makes it difficult for other companies to develop add-ons without heavy support from the console makers. PCs, however, are much more flexible, allowing peripheral developers like Oculus to make add-ons without having to jump through too many hoops.