As part of its Tokyo Game Show press conference today Sony Computer Entertainment revealed that it will be launching the Gaikai cloud-streaming service in North America next year. The service will launch with a specific selection of PlayStation 3 games, playable on the PS4, PlayStation Vita TV, and PS Vita. The announcement was made by Sony Worldwide Studios president Shuhei Yoshida, who compared the streaming games service to Netflix.
The company did not go into great detail on how the whole system will work, nor did it talk about what it might cost consumers. The company also did not offer a European launch date for the service.
Fans who are interested in some sort of solution for playing their favorite PS3 games on PS4 will likely be excited about this news, but it's certainly no replacement for backwards compatibility. Sony and Microsoft have said that older games can't be played on their respective systems because both use a new hardware architecture.