PS consoles seem to make opposite jumps each gen. Like PS1 had a great CPU and decent GPU. PS2 had a decent CPU and great GPU. PS3 had a great CPU and decent GPU. PS4 (Pro) had a decent CPU and great GPU. (This is taking into account whats to be expected from console hardware and price at launch).
We can assume from this, that PS5 will have a great CPU and decent GPU. Assuming AMD Ryzen CPU, plus whatever Radeon GPU tech is available/affordable at that time, it's likely this will be the case. You also have to forget about the Pro if your going to talk about gens, in which case, next gen should still be a similar leap from base PS4 to PS5. Maybe not quite the same leap as gens prior, do to diminishing returns over time.
The PS2 to PS3 transition really screws up this kind of comparison, because the PS3 was a $600 console at launch, yet cost waaay more than that to make. It should have been $800 truthfully. Now, if the PS3 was only around $400 at launch, its specs would have been much lower and in line with past console transitions, and wouldn't have been near as large of a leap over the PS2, making the PS3 to PS4 jump larger than it actually was.
It also depends a lot on how long PS wants to ride the PS4 wave. My guess based on the past and current trajectory, as long as possible. A 2019 PS5 would likely come up a little short or be a little expensive. A 2020 PS5 should be close and just the right price. A 2021 PS5 should hit all targets no problem.
The future will be iterations of some sort. Expecting a 20Tflop PS5 for $400 around will never ever happen. The PS3 was a pipe dream and never should have happened the way it did. We could always potentially see a 20Tflop PS5 model, but it would cost you near $1000 around 2019. With how bad the PS3 launch went, you can safely assume that's just another pipe dream though.
PS1 - ! - We must build a console that can alert our enemies.
PS2 - @- We must build a console that offers online living room gaming.
PS3 - #- We must build a console that’s powerful, social, costs and does everything.
PS4 - $- We must build a console that’s affordable, charges for services, and pumps out exclusives.
PRO -%-We must build a console that's VR ready, checkerboard upscales, and sells but a fraction of the money printer.
PS5 - ^ -We must build a console that’s a generational cross product, with RT lighting, and price hiking.
PRO -&- We must build a console that Super Res upscales and continues the cost increases.










