Is Soulburner the only one in this thread that understand how consoles work? Additional performance comes from low level optimizations which is not available on PC, and when the hardware pretty match equals out in price range, the optimization on console puts it further apart from PC.
Creation of the new APU, CPU + GPU will cost Sony 200$ that equals out or beats current Ryzen 3600 and Radeon 5700, a 5700 alone costs 350$.
Historicaly that was not possible, because the hardware advancement were huge yearly, but we live in a time where CPU advancement came to a halt and GPU are much much lower than what they used to be.
It's the combination of all those factors that creates the 'next-gen' in such favourable light vs PC.
I don't realy care about consoles, I always owned a PC first, but i'm just stating the obvious facts, times are changing.
That's why a PS5 for 500$ will be like a PC with hardware for 800$ but with the optimizations that it provides, the effective power will be like a PC for 1500$, because in PC diminshing returns in current era in high end are awfull (and they will be even higher with every year), and for little gain in performance you have to pay A LOT.