Do you want to know how to play with your PS4 friends on the PS5 on GTA 5? This is very easy to do, however, there is a catch. There is no cross gen support
PS4 to PS5: All Games with Confirmed Free Upgrades
This console transition period has been a mess, and will continue through 2022
How to Switch Between PS4 & PS5 Versions of GTA 5 (Story Mode or Online)
Both a PS5, PS4 version of a game can be installed at same time on PS5
Sony to release a 'Pro' version of the PlayStation 5 this year after cutting outlook, analysts say
What do cross-play, cross-platform, cross save, cross-progression, and cross -gen really mean?
PS5 will go down as the first console in history to not have a single game. : r/videogamedunkey
PS5 review - Sony's next-gen PlayStation console is a goliath
GTA Online crossplay and cross-platform - can you play across PC, Xbox, and PS5 in GTA 5 - VideoGamer