If you play it on PS4 as a singleplayer, there's probably no difference. The graphics are nice, and you read everything. Well, @grimmyx says all the similar games are better on PC, but I can't judge it. My PC is too shitty.
But if you want to play co-op with someone, the split screen is pretty bad. The screen is split horizontally, so there is a little space and, as mentioned by @playfulfoodie, the tooltips are hardly readable, so I have to sit right in front of the TV, and it doesn't help much (our TV is around 50"). Even the graphics get worse. It is playable, but it would be better to buy another PS4 and TV :D