Although the earliest known "electronic interactive game" was in existence as early as 1948, the Magnavox Odyssey invented by Ralph Baer was the first commercially available video game console. (He also invented the light gun and the 80's game sensation Simon) The Odyssey and its successors ushered in the multibillion dollar video game industry; it makes more money than the movie industry. Definitely influential and definitely not kid's stuff anymore.
Source: http://gilbertm.hubpages.com/hub/inventions20century
Source: http://gilbertm.hubpages.com/hub/inventions20century
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