Sony just confirmed this unfortunate news.
PlayStation VR

Sony just officially confirmed that PlayStation VR2 will not be able to play games that were made for the original PlayStation VR hardware. This important piece of information came courtesy of the latest episode of the Official PlayStation Podcast starting around the 29:10 mark.

Senior vice president of platform experience, Hideaki Nishino, confirmed that PSVR2 will not have backwards compatibility with the older games. Here is specifically what Nishino says about this unfortunate, but not entirely surprising, news.

"PSVR games are not compatible with PSVR2 because PSVR2's designed to deliver a truly next-generation VR experience.

"This means developing games for PSVR2 requires a whole different approach than the original PSVR."
Should you want to play those older PSVR games on the PlayStation 5, all hope is not lost. Sony did release an adapter that will allow you to use your original PSVR with your new console.

PlayStation VR2 is slated to be released in early 2023.