One is moving showing deformation or tesselation while the other just poses with no movements.
You can also clearly see the textures on the old guy are nowhere near as high res as the Nvidia demo.
Volumes are also more apparent in the Nvidia demo while the ones from PS4 is just textured normals.
The Nvidia demo has more lightning and a background while the other has 2 light sources and an empty background...
They are both impressive but difficult to compare maybe we should wait until we get to see PS4 demos that actually move and show what the machine can do so until this happens the Nvidia demo is hands down technicaly more impressive and it ran at half the power of the card.