First off, let's wait for some real benchmarks. Not what Intel leaked on a few key applications on Win 11 only against a 30 percent gimped-on-Ryzen scheduler (that Intel helped write), at absurd amounts of power draw. Let's wait and see what Alder Lake can actually do, not what Intel say it can do, because their marketing and redefining of benchmarks/metrics/everything smacks of trying to hide a performance deficit. Don't be taken in by the noise Intel's marketing department makes before a launch.
If they are lucky, Intel will get to parity just in time for AMD to launch their 3D cache Ryzen with 15-20 percent more performance and still more cores. Then AMD will be getting ready to launch the next generation of Ryzen and AM5. This will again push Intel back as they cannot simply keep the same number of monolithic cores, but run them faster by pumping ever increasing power through them, whilst claiming energy efficiency from little cores tacked on the side.