Lazy devs will shit the bed on base and pro consoles but the fact remains that the gpu tech from amd in the consoles is absolutely woeful in terms of handling rt and underwhelming in terms of ml. With multiple engines trying to implement real-time gi along with other effects, the rt rendering in the consoles has sadly become a significant bottleneck to the point several games fall close to or below 1080p when implementing more than just basic rt effects.
Lets not even go into the advanced rt suite of features, with ue5 implementing hardware-based lumen and with the option of multiple bounces and even pathtracing the pro consoles can easily distinguish themselves from the base consoles especially if they implement compute/ml blocks to implement frs3 etc. Good developers will find loopholes to still deliver great visuals on the base consoles but make no mistake several developers would love to be able to implement the features I mentioned.
