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Pemalite said:

It smells like the Geforce FX all of again.... Lots of fixed function stuff at the expense of other hardware... And the irony was... It is the perfect Storm for AMD to pull another Radeon 9700 Pro all over again.
However... Despite nVidia essentially crippling itself, AMD still cannot get a decisive victory even at 7nm, it's a testament to how efficient nVidia's GPU's are right now, AMD is years away from even matching them.

This is exactly my sentiment as well - instead of kicking nVidia in the nuts right now with a GPU that has massive fps advantage in current titles over their RTX offerings, AMD is coming out with something that is around 2080 level with higher TDP and on smaller node.

I'm really glad that Ryzen finally brought them back into CPU game, but it seems they just can't get their shit together when it comes to GPUs.