>Yoshida explained that the jump from the PS4 to PS5 AAA games has caused budgets to almost "double", despite the lack of an obvious technical jump for most games.
>The PlayStation brand is known for its massive, cinematic AAA single-player experiences, although the brand has spent this last generation investing massively into live-service multiplayer games that have either been scrapped, are missing-in-action, or have been killed shortly after launch in the case of the $500 million project Concord.
>Yoshida explained that the PS4 era where Sony released titles such as God of War, The Last of Us Part 2, The Order 1866 and Horizon was better for AAA development as it was just before the cost of making huge games skyrocketed. While it "felt like going big was safer" just ten years ago, publishers were willing to invest heavily in this type of game, but now it's too much of a gamble
>"I saw some analysis or estimate of one same franchise released during PS4 era and PS5 era generation double the budget," Yoshida told the podcast. "And that has reached the point that we cannot recoup this investment."

https://www.videogamer.com/news/ex-playstation-boss-reveals-aaa-publishers-arent-signing-as-many-games-as-the-jump-from-ps4-to-ps5-doubled-the-price-of-development-for-very-little-improvement/