You only can do that in single/co op , in multiplayer even if you changed it won't apply as you join server settings so client are enforce.

Its cool how they opt in for SSD on PS5, i used to play Black Ops 2 a lot during PS3 era and the loading is soooo long, it eats time a lot. Some games are just too demanding that SSD and HDD have not much difference benefit, depending on how the developers optimize and stuff to load. PS4 is a lot better than PS3 in terms of performance(FPS) but their drive are still bottlenecking slightly, PS5 so far is a huge differences in loading and performance https://www.youtube.com/watch?v=TYWb2yRStW8
https://www.youtube.com/watch?v=Ho8SCBT8rt0 but seriously man its beautiful how we come this far, PS1 i used to play Street Fighter , Pacman and more, PS2 didn't really touch a lot because i don't own one and its my cousin but i remember i play gta there and some power ranger. PS3 i started play COD BO2, COD ghost, warrior orochi 3 and more. PS4 Didn't really touch a lot but graphics is whole new level and FPS. On PS3 certain games are noticably having FPS drops and spikes lags sometimes. PS5 never owned yet but my first impression is wow.