The PlayStation 5 and Xbox Series X are right around the corner, and with new consoles comes a new Unreal Engine. This morning Epic showed off Unreal Engine 5 with a real-time tech demo, and itâ€™s stunning. Will games look like this next year? Probably not. But given Unreal Engine 4â€™s â€œInfiltratorâ€� demo now looks pretty much like your average big-budget shooter, itâ€™s only a matter of time.