technology needs to move on, we'll get there eventually, but we're getting way ahead of ourselves trying to push it on current mainstream hardware, especially consoles.
Not really, it's always been like this
The next generation of consoles are always used to push the next big tech thing
The og xbox pushed for online multiplayer, and it become the norm in the PS3/360 generation.
Meanwhile those consoles pushed for 1080p and digital services, which became the norm by the time the PS4/Xbone rolled in.
This last in turn pushed for 4k, VR and streaming. Fortunately streaming hasn't succeeded (yet, because those bastards sure are trying). VR has become far more cheaper and common to the point where major releases either feature a VR mode or are completely made for VR (i.e. VR is here to stay). 4k is supported by pretty much every game now, and 4k screens (and even 2k) are starting to replace 1080p
Now raytracing has already being pushed for 2 years now
And the PS5 + XboxXx were made to specifically support that tech
So you bet your ass that almost every AAA game of the next 5 years are going to have it
By 2025/26 this WILL be the norm