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JEMC said:

Indeed. Imagine what could happen if the leap frogging also happened with the GPUs.

Could maybe be the case with RDNA3. Since Lisa Su was already touting last year that it would again gain about 50% performance per Watt just like RDNA 1+2 did. If they catch up on the Raytracing front too, then we'll have a nice match between AMD and NVidia in the GPU market next year.

I expect that AMD will be more efficient than NVidia next gen, but still not quite on par with the NVidia cards in terms of top performance or functions. The gap in terms of functions and their respective performance will definitely get smaller next gen compared to this one however I think.