Most people don’t need the newest and expensive tech. From the last 30 days of active games on Playstation brand, here a split PS3/PS4/PS5 (I just show a ratio that is set in relation to the numbers of players for the game), meaning left side is older console:
Edit: I have added simple math result in how many times the PS4 player base is big as the PS5 player base. Just out of curiosity and to provide a quicker way of scanning through the list.
(**ps3 players almost at 0 level for this game)
As you can see, all games are available for PS4 and they run decent enough, are multiplayer games and the new consoles do not offer anything substantial for these kind of players.