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As per my analysis and research HTML 5 includes new tags and functions which were not in simple HTML. In HTML, the Doctype is very long while in HTML5 the Doctype remains in a standard mode and not too long. Audio and video tags for multimedia functionality is not a part of HTML while HTML5 contains audio and video as integral part of it. HTML5 works with modern browsers and HTML works on all old as well as modern browsers.
HTML 5 has come up with some features that was not available in the other versions.HTML5 is a core technology markup language of the Internet used for structuring and presenting content for the World Wide Web. HTML5 is the newest specification for HTML, and many browsers are going to start supporting it in the future.
HTML text and images on a page. Later revisions included some attempts at providing semantic data which allows basically for automated categorization and correlation of HTML documents.
HTML5 actually strives to be something very different. It aims to be more of an application development platform, which includes not only laying out text and images, but also playing video and audio, interactive 2d and 3d graphics, storing data in the application, dealing with online and offline access to data, and real-time networking protocols for exchanging data as it happens.