I came late to the Apple Silicon party from an entry level 2019 16-inch MacBook Pro, and I have to say I'm pleased I waited for the M3 (Pro) chip because the hardware accelerated ray tracing means my rendering and 3D design work all happens blisteringly fast in comparison. It's *at least* 7x faster than the Intel, having done real world side by side testing before selling the old Mac.
If finances can stretch, I would highly recommend the M3 if the above sort of usage applies, because it's amazing. Seriously.