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When AMD gpu team last time show something new? I dont even remember tressfx maybe? Everything they do is fallow nvidia creating worse products year or two after nvidia, at the same moment nvidia shows something new to fallow.
They need to have somethig so nvidia would need to burn time to fallow to ever have any hope
They already have AI cores for other applications.just like this cobsole generation.AND thinks rtx wont became the norm until the next console generation.this is why they are not trying to make rtx their gimmick yet to try to catch up to early adopter nvidia for the last 2 generations.pepperidge farm remembers how awful BFV ran on 2080s. And their FSR3 "application"(keyword here because biggest turnoff for upscalers are how badly implemented their libraries are) is much better application to FSR1 and 2. Management of AMD doesnt think investing to RTX and upscalers when their CPU and APUs making a lot of money. And radeon generations last 2 releases have been pretty usable and price competitive seeing nvidia squeeze more on consumer lineup