PlayStation 5 and Xbox Scarlett are going to be released in the holiday season next year. While we know a lot about the hardware that these consoles will support, there is very little information regarding the software side. Both consoles will feature AMD CPU based on the Zen 2.0 architecture and GPU based on the Navi architecture. We can safely assume that there will be performance parity between both consoles.
If we look at the current generation of consoles, we can see that many games such as FIFA, GTA V, etc. were released for both new and old consoles. It did make development tedious, but it allowed for a smoother transition.
Jason Schreier talked about the next generation of consoles and launch titles during the latest split screen Kotaku podcast. He stated that he has heard about the launch titles for the PlayStation 5 and confirmed that these games will only be playable on the console. Many of these games are from first-party and second-party studios, although he did not specify any of them.
While talking about Xbox, he added that he did not know whether Microsoft would use the same strategy or not. However, we already know that the launch titles of the Xbox Scarlett will be available on PC and in some cases, on the Xbox One platform too. Halo Infinite is a prime example; in this case, it will be a launch title for the Xbox Scarlett, and Xbox One users will also be able to play the game.
While talking about the performance, he revealed that there would be an option of playing games for short periods and quitting with no issues. It will allow players to run more than one game for a short period, which is impossible in case of the current consoles.
You can listen to the full podcast here.