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AMD’s next-gen GPUs may have some PlayStation tech inside.
If the Playstation contributions are good enough, maybe RDNA4 -> RDNA5 will be just as good as RDNA3 -> RDNA4. As long as they get the pricing right, anyway.
There isn't an RDNA5 on the roadmap, though. It's been confirmed 4 is the last (and was really meant to be 3.5, but grew into what is assumed to be the PS5/XSX mid-gen refresh architecture).

Next is UDNA1, a converged architecture with it's older sibling, CDNA (formerly GCN).

Like, the article actually states this, but runs an RDNA 5 headline anyways.

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PS5 was almost twice as fast as the PS4 pro, yet we did not see the generational leap we saw with the previous major releases.

It seems that we are the stage where incremental improvements in graphics will require exponentially more computing capability.

Or the game engines have become super bloated.

Edit: I stand corrected in previous cycles we had orders of magnitude improvement in FLOPS.

The big jump between 4 and 5 was the NVME SSD and hardware decompression IMO. Load times in a regular PS5 are non existent compared to a PS4, that's the big generational jump.

For graphics, I agree it looks like diminishing returns.

Excited to see how the software support for UDNA1 works out. Very hopeful we'll see some real competition to Nvidia soon in the datacenter. Unfortunately I think the risk is quite high: if AMD burns developers again with poor drivers and poor support, it's hard to see how they'll be able to shake the current stigma.
We've known this for a while, it's an extension of the upscaling and frame generation AMD already worked on in conjunction with Sony for FSR 3 and to a much greater extent FSR 4. Previous articles also have highlighted their shared focus on BVH optimizations
When will Sony support Vulkan on PS?
Yes, but what will use it when there are so few games on the platform in the current PS generation?
Who is a better computer architect, Mark Cerny or Anand Shimpi?
I had the pleasure to spend some time with Mark Cerny many years ago. He was honestly one of the most impressive people I have ever met. Down to earth and so, so smart. I also think it speaks volumes for Sony as a company that an American born video game developer (engineer not mba) has such an influential position. They are not insular and respect the craft.
A few days ago there was a similar message from Xbox, saying that AMD will power it's future hardware project, talking about a strategic alliance and so on.

So, Mark Cerny is contributing on the next Xbox? At the end, today all consoles are basically PCs with different frontends and storefronts (and that is also opening up, starting with xbox but probably PS will follow eventually)