AMD fighting the good fight for everyone!
It's completely open source, non-proprietary unlike nVidia, and it's compatible with damn near everything AMD currently offers for the past several generations. Of course it will be available for the Series consoles (Series S could be a great benefactor), and maybe PS5. It even works on flipping nvidia's 10 Series GPUs to their current ones! They've enabled Super Resolution, when nVidia doesn't even provide DLSS to their own 10 series.
We'll have to see if the image quality is anywhere near comparable to DLSS or if it's not as good (like DLSS 1.0). For example the 1060 FSR image is not as good as the original, but it's not set to the highest quality setting. But even if it's not on the same level as DLSS, damn, props to AMD for just doing this as it's to the benefit of everyone. With GPU prices as they are, people with older stuff could get some extra life out of their current hardware.
IF the image quality is comparable though, this is a game changer.