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AlfredoTurkey said:

It's not impossible and it wouldn't cost nearly that much. The tech behind PS1 and PS2 is ARCHAIC and the PS3 tech is 10 years old. The whole thing about PS2 BC being cut from PS3 to save money was a lie and one alot of people bought into.

I know this sounds like I'm bashing Sony or some Sony hater, but I'm not. I just believe holding companies to their word and Sony said BC would live on forever. 

If you think it is possible for a PS4 to play PS3 games then I do not know what to tell you. PS1 and PS2 is possible though