Cloud gaming and Gamepass as well.
Playstation Now, since they have reduced the price to 59.99 per year, is actually something that is really good now. Granted, they do not, and may never, have 1st party titles published day and date upon release, but that has everything to do with the belief that when Sony releases a first party exclusive, they like to think of it as an event. And for the most part, they are absolutely right. God of War and Spiderman are 2 prime examples of that. But they also have 800 games in the catalogue, and they very rarely take any games out.
Gamepass' big advantage is that they put the 1st party titles out day of release, and I have no complaints about that.