AMD is out-innovating Intel quite a bit as of late.
They are still being handed their arses by Apple.
The future isn't power hungry x86 chips that compute generic workloads. Its going to be ARM with SOC tech, tuned to match the silicon to the software. I'm not running complex fluid dynamics computations. I watch youtube videos, make a the odd website, browse the internet and make a spreadsheet here and there. I want fast response times, low noise, low heat.
I'm happy to wait. As every day goes by, more and more apps are added to be m1 compatible and to make the experience better. I never like being an early adopter and beta testing someone else's software without being paid for it. But soon.