Balla your comparison doesn't make any sense. You aren't properly accounting for the GPU spec performance differential, VRAM differences or the time span properly.
1) GPU Performance Differential
The GPU inside Xbox 360 is roughly equal to X1800XT (17 VP). 9800GT 512MB is rated at
45 VP or 2.64x faster. HD7950 925mhz is only 52% faster than HD7850 2GB, but it's actually less because the GPU inside PS4 has 176GB/sec memory bandwidth. That makes it faster than HD7850. To make a proper comparison, you need to compare a GPU with performance similar to X1900XTX or GT430 running Bioshock Infinite.
How does comparing a GPU that's more than 2.5x faster than Xbox 360/PS3 to a GPU that's barely 50% faster than PS4's make any sense? Oh ya, it doesn't.
2) VRAM differential
9800GT had full access to 512MB of dedicated VRAM, while PS3 could only allocate 256MB for the GPU and Xbox 360 had to share 512MB in total. That means your comparison is once again skewed to favour the PC part. Coincidentally, you are not accounting for the huge advantage PS4 has since it has 8GB of shared GDDR5. That automatically means games on PS4 will have higher resolution textures down the line as games in 2018-2020 will surely use more than 3GB of VRAM and 7950 will run out.
3) Incorrect time span comparison
9800GT came out on July 29, 2008, or less than 5 years from Bioshock Infinite's release. Since PS4 is just coming out by end of 2013, and it's reasonable to estimate that it will have a useful life of at least 7 years, HD7950 would have to last much longer than 9800GT did.
Essentially your 9800GT 512MB comparison vs. PS360 consoles is making the PC GPU look way better than it is. HD7950 has way less of a power advantage over PS4's GPU, it has to last much longer than 9800GT did in comparison to PS3, which means games will get even more advanced which means optimizations for PS4 will matter more and by then HD7950 won't be optimized at all. You are also not taking into account that HD7950 will run out of VRAM by then and PS4 will have way more room in that area.
Granted, HD7950 isn't supposed to last 7 years because it costs substially less than PS4. However, implying that HD7950 should last through PS4's useful life while providing similar graphics to PS4 for the next 7 years is just wishful thinking. X1900XTX/GT430 is completely worthless right now.