Unless AMD brings major improvements in their lacklustre driver support and AI/ML functionality, Nvidia will still remain the king.
Gone are the days when pure compute power wins. It's the age of AI/ML and even though AMD FSR 2.0 is good in the sense that it's open-source and even supported by Nvidia's GPUs, it can't match the prowess that DLSS 2.0 delivers. Not to mention Nvidia brings a whole slew of other features with their driver technology that AMD can't match.