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by tobz1000 1119 days ago
It sounds more like the I/O firmware was running on dedicated PS1 hardware:

https://www.theguardian.com/technology/2013/dec/12/ps4-and-x...

> The PlayStation 2, meanwhile, had the original PlayStation chipset built in, so it ran pretty much any PSone title – and when that chip wasn't being used for backwards compatibility it doubled as an input/output processor, which was pretty canny.