Having used a cloud gaming machine for the last couple years, provided they have sufficiently distributed datacenters, this would work out in their favor.
I'm sure manufacturing PS5 consoles is a pain, between design, manufacturing, shipping, sales, support, and all the other stuff. If they could take the same hardware and put it somewhere with climate control, redundant power, and no toddlers shoving bread into it, they could make them a lot cheaper.
Then charge by the hour and you've got a way for people to get hooked into the Sony ecosystem without dropping $500, expanding their available market. Plus the game makers don't have the expense of discs anymore. (Which sucks for us but "it's just business.")
However, like someone else said, this is a nothingburger written to get clicks, so everything I said is baloney. But I hope it was interesting baloney. Like that Lebanon Sweet Bologna. Mmm... with some Herlocher's mustard and horseradish.