OToy's April 2016 presentation discusses the advancements in rendering technology expected by 2020, including unbiased spectral path tracing, cloud rendering, and integration of VR and AR. Key features of the upcoming Octane 3.0 include a new file format for film buffers, cloud rendering capabilities, and a subscription model for users. Future developments, such as OctaneEngine, aim to enhance rendering workflows and collaborative features across multiple devices and platforms.