Sony has finally explained how the PS5’s backwards compatibility works and how you can upgrade select PS4 games to next gen.
PlayStation 5 - Wikipedia
PS5 review: Exclusive games power Sony's sky-high space-age console - CNET
Will PS4 discs work on PS5? PlayStation backwards compatibility revealed
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PS5 Backwards Compatibility for PS4, PS3, PS2, PS1, PSP
PS5 Backwards Compatibility for PS4, PS3, PS2, PS1, PSP
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ResetEra NT on X: PS5 Backwards Compatibility: All PS4 games with benefits / X
The PS5 is supposed to be backward compatible, but it is not reading my PS4 games discs. What could be the issue? - Quora