This is just doomerism.
Intel's current chips are "fine" and competitive with AMD chips. If anything, Intel is trying out more things than AMD is.
I wouldn't call chips that fault and/or fail after mere months of operation when run within Intel-specified power and thermal parameters to be "fine".
Intel may be trying out more things than AMD, but perhaps they shouldn't? Maybe they shouldn't be trying to chase ARM envy with mixed-performance cores and disabling MT and the like and just stick to making reliable CPUs.
Honestly, the only thing of Intel's that I'm interested in are their video cards; and that's not because they're good, but because Intel hasn't (yet) all but abandoned their video card business for "AI accelerators"... so there's room for them to become good.
Even recently, we've seen that all intel can do is increase cores and increase power consumption, and they still can't compete. This is itanium all over again, because that is how intel functions.