Yeah no, this won't happen, at least, not in the next generation of consoles. Think about it. A LOT of people buy used games, if they ban the use of used games, not nearly as many people will buy the next Xbox, and so on so forth. Essentially cutting sales down by a lot. I know for a fact I won't buy the next Xbox is for some reason this does happen. This would also really hurt the lending of games, another thing people will get angry about, and lending games out is one of the best ways to get a game more sales. Word of mouth is the greatest tool in the sale of video games. This will limit it, severely, and this isn't even considering what it would do to the game rental services. This is a stupid idea at the moment, and honestly, I don't think that the used game market is hurting the developers as much as they say it is. Online passes and such are just fine where they are, most games have multiplayer nowadays anyways. So most people will get the online pass if they buy used, or, they'll just buy new, which will get the devs even more money.
In short, this would be a stupid move, plain and simple. It would cut sales of the next Xbox and any other console that did this really badly. Microsoft isn't so stupid as to actually do this I hope.