No one uses AE on CPU no more. Now that Adobe has finally figured out GPU is the future and optimized the most functionalities to squeeze your GPU no Apple computer is faster than latest desktop GPUs. I am not talking about putting titles over a video, doing some one point tracking and other basic stuff.
I don't know anything about video editing, but according to PudgetBench (which is a popular content creation benchmark, from what I understand), M3 Max gets around 1600 points in AE while 4090-equipped desktops with top Intel CPUs get around 1400.
Video processing is a workload where latency matters a lot. You can have all the compute in the world, but if your processing unit has to wait until the data arrives, you can't use it effectively.