In some rare cases, the reason your game crashes with the same error message is that the anti-cheat software detects Script Hook V and marks it as a potential cheat. Otherwise, it will make your game crash, and you will see the Critical Error message.
This means when the game receives an update, the library also needs to be updated. The developers of the Script Hook V library modify the files to work with the current version of GTA 5.
Script Hook V is a library that allows you to use GTA 5 script native functions in custom ASI plugins, as stated on the official product website. According to our study and user accounts, the Script Hook V Critical Error occurs soon after the game has been updated.