PS5 for better games and access to games you don't already have access to. Your laptop might not be as powerful as a Series X but it should at least give you access to the same games. And the Game Pass on PC is cheaper than Game Pass for Xbox.

Also, PS Plus is great. The Premium package has about 300 more games than Game Pass and is $60 cheaper per year. It's actually $90 cheaper if you buy during Black Friday. That's half the cost of Game Pass and 300 more games. The PS Plus Extra package is about the same number of games and is $80 cheaper. Both come with the exclusives you've missed. By the time your caught up, the newer ones might be added as well.

I have both. PS Plus Premium and Xbox Game Pass PC. The good thing about Game Pass is the Day One releases. I find myself only taking advantage of this 2 or 3 times a year though. I play a lot of games on it, just haven't been interested in most of the Day One titles lately. You may get more mileage depending on your tastes but I think the lineup is weaker than what the PS Plus offers.

So I would recommend the PS5 with a PS Plus subscription. You can still get Game Pass on your laptop for $10 a month anytime if you want to play any Xbox games.