Most video/photo editing programs describe how to improve performance by separating disk intensive read/write operations. This usually entails using one drive for the OS & program plus other drive(s) for processed data.
Further (slight) improvements can be made using yet another drive as a scratch disk for exclusive use by the app. This keeps the program's scratch files separate the Windows page and scratch files.
As to how much improvement you're likely to get over using just one drive for everything I doubt it's more than 10%. The only way to quantify the benefit is by running targeted benchmark programs such as those created by Puget Systems.
This is my system configuration.
I use a fast PCIe Gen4 M.2 NVMe drive for Windows (including its own page and swap files) and the main apps (Photoshop, Premiere Pro, Topaz Video AI).
My source files are usually located on fast 8TB hard disks (250MB/s max read speed).
Edited files (photos or videos) are written directly to a second M.2 NVMe drive and eventually transferred to various hard disks.
The scratch disk for apps is a third M.2 NVMe drive with no other function.
In total, I use three M.2 NVMe drives and one hard disk during video editing. This is probably overkill but my motherboard came with three M.2 slots so I use them all because they're there.
You don't need to split things between four drives like I do. I doubt there'd be more than a 2 to 3% difference if I used two SSDs instead of three SSDs + a hard disk.
I'd hazard a guess that intensive 4K video editing will reap the biggest rewards of using multiple drives. For 1080p work you might not notice much difference. For Photoshop, practically none unless you do a lot of batch processing.
Do some more reading, especially on the Puget Systems web site, It's full of useful reviews and comparisons of different hardware configurations for video/photo editing.
https://www.pugetsystems.com/soluti.../adobe-premiere-pro/hardware-recommendations/