Bungie Scared Naughty Dog Off Last of Us Online?

With a recent stream of failed live-service games from Sony, some have wondered what could have been with the rumored Last of Us online that was cancelled in 2023. According to Shuhei Yoshida, who said the game was great when he play tested it, Bungie might be to blame saying "Bungie explained [to Naughty Dog] what it takes to make a live service game and Naught Dog realized they could not do that." Could Last of Us Online been the live-service game Sony has been searching for, or would it have joined the growing list of failed game had it been released?