Question: After updating to Title Update 1.08 on PS4 and Xbox One, there appears to be a deterioration of graphical quality. Is Rockstar investigating this issue?

Answer: We are aware of some graphical issues on the Xbox One and PS4 versions of GTAV after the most recent Title Update, and we are investigating a fix now. If you would like to receive an automatic email notification as soon as there is more information, please log into the Support Site and click Subscribe at the top of this page. 

Updated 4/2/15: Graphical quality has been fully restored as of Title Update 1.10 and this issue is now resolved.