Yes, and the over 5 GB of RAM needed to not stream assets "won't quite fit" in PS4.
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The "wants to use over 5 GB' is in context of memory usage.
EDIT
I've been banging my head against the wall trying to figure out how we can both be using the exact same quotes and coming to different conclusions. It looks like I'm talking about his quotes entirely in the context of memory usage (which seems to be the context of that entire string of tweets). You're talking about 5 GB of memory usage, and then taking that second tweet of his as context about memory needed to load "the entire game" with that having some other, higher, memory requirement. If that's the case, I have no idea how you're coming to that conclusion and it seems like a leap in logic to me.