Pat is really pushing things when he says stuff like that. While Alder Lake is a good product, it is not ahead of Ryzen in all areas. That said, Alder Lake should be excellent in gaming laptops, where AMD's CPUs tend to have much less cache.
Intel still needs to prove that they can execute, and they need to do something about EPYC in the enterprise market. Intel are not out of the woods yet. Alder Lake was a big step, but they need to keep taking steps forward. Zen 4 is coming later this year.
If he is saying that just to mouth off then fair enough. If, however, they are already on their next true shrink? then he may well be right.
Obviously they can't compete at all in the server space, but that has never mattered much. People will still go Intel.
That said when Intel do catch up? then yes, AMD will fall behind. Ryzen is really good, but has relied *a lot* on mistakes and luck for Intel. When Ryzen launched it was the same sort of IPC as Broadwell. Which at the time wasn't exactly great, given it started as a failed shrink. Remember the desktop Broadwell CPUs? most won't, as they were only out for about two weeks then discontinued and that was because they clocked like dog crap and were useless for desktops. Good for servers, mind, but yes, clocks were poor.
Ryzen has since shrunk. And is about to again. However, you need to remember they are on a lower node than Intel are, so when Intel reach that node? it's quite clear their technology will beat AMD. Which isn't surprising, given they are Intel and have cavernous budgets.
When the Ryzen 5000 series launched Linus joked "It'll take Intel two years to catch up !" and that was about spot on tbh. They've now caught up. Just. However, it is what they do next and after that that will IMO put them way back ahead.
And that's fine. No one expected it to last forever. I just hope AMD don't try and do what they are doing with their GPUs and start making their prices "The same" as Intel. Like they are doing with Nvidia right now.
I hope they haven't forgotten what it feels like to be the under dog and offer value, because right now? they totally have.
As of now? the Intel fanboys who have been dormant are starting to show up again on enthusiast forums. Which is really, really dangerous for AMD. Mostly because they just make every one feel like they felt before Ryzen and that is the only serious choice is Intel. That mindshare has not gone away and it certainly won't when Intel take the lead back.
I just hope AMD are planning way ahead of Ryzen.