During the PS4 they created more franchises and continued almost all of their PS3 ones.There wasn’t more variety than PS3.
Sony was getting hit hard in the PS3 era which is when they dramatically ramped up first party support and created many of their best franchises.
During PS4 they coasted on the failures of MS and Nintendo. They didn’t create as many new IPs, release as many of their own games, and relied much more on third party deals. We’ve seen an extension of that so far with PS5. Of course, it hasn’t hurt them much, because Xbox first party has been a dumpster fire in a lot of areas.
Except that's straight horseshit if you actually look at it. During PS4 they created Horizon Zero Dawn, Death Stranding, Ghost of Tsushima, Bloodborne, Until Dawn, etc. Virtually every IP created during PS3 also had a sequel during PS4 too so suggesting they didn’t release as many of their own games is also bullshit. You can laugh at VR all you like but that's not playing it safe.
There's only one company playing it safe and not doing these things and relying mostly on acquired established IPs. By your own logic they should have been on fire with the increased competition and not 'playing it safe'.
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