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3 years at the least. It will not be multiplatform. They want to do the hard generational cutoff and developers like to focus on one set of hardware (PS4 and PS4 pro are almost identical hardware wise just some arbitrary number differences, can mostly push the same software tech) and PS5 is going to be vastly different than base PS4.
We will finally get the hundreds of enemies on screen next gen for god of war but you could argue it doesn't matter.