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It doesn't matter, even if it's more powerful it will not so significant and will be hard to spot the difference. It will be even closer that we think (you can mark my words ) and will be even closer gap compared to PS4 to Xbox One let alone Pro and X.

It will be determine by how the optimization on both console works. As we know Microsoft will be using DirectX while Sony will be more primitive and closer to the metal codding. While indeed Scarlet can also do close to the metal coding either, but none of their games will be exclusives to their consoles and they are ditching console only games and also will be optimize for PC and Xbox One, so we will see Scarlet like console akin to Steam machine or PC gaming (using directX).

Sony in other hand will be even better , because they will utilize all their resource without directX bloated API and will focus on PS5 as standard.

Xbox Scarlet will be limited by Xbox One and low cost PC budget in designing games. while PS5 will be a true leap if it's games made exclusively for PS5 (first party or 3rd party exclusives games).