Probably not really worse. Although some slideware last year have AMD Zen 3 (Milan) with all kinds of super duper features, what has recently shown up is much more akin to a "tick tock" move by them and far more tractable.
"... Moving on to Milan and an interesting discussion I had with a source who believes that Milan will either come out with PCIe Gen 5 or DDR5. Now in the most recent presentation, the one that was deleted from YouTube, we clearly saw on the roadmap that Milan appears to be very much like Rome, still PCIe 3/4 and DDR4...."
https://adoredtv.com/tech-rumour-mill-2-nvidia-intel-and-amd-rumour-dump-transcript/
So AMD isn't moving to PCI=e v5 in 2020 at all. Intel already has test dies on PCI-e v4 on track for 2H 2020. AMD will have something better in 2H 2020 but it won't be SMT 4 , PCI-e v4 , DDR5 , better.
Intel's PCI-e v5 should merge in with 7nm. ( it showed in the recent Xe talk in the Xe-HPC system that uses PCI-e v5 as a base layer for their CXL interconnect between the GPU (and CPU) packages ).
Intel is probably going to get to 10nm Xeon W class products in 2020 with PCI-e 4. They just probably won't be substantially higher core count options. Better I/O, increased IPC , and more instructions in AVX512 and security. That will be offset by bigger package and no TDP relief (maybe some more incremental creep up). That will be probably a better fit to a better iMac Pro ( 10 -> 18 (maybe 20) core ) at price points below the Mac Pro but we'll see what the Xeon W 2300 series brings.
Xeon W 3300 is probably going to be more problematical. Intel is probably gong to need two dies to keep up on the core counts ( or even get back to the 28 core range). So not only would the Mac Pro be not that old at that point, but what could jump too would be somewhat a placeholder trying to get to 2021-2022 and better solutions.
10nm probably won't make desktop. and perhaps not the high end -X series if were there is more mania about max boost clock speed and overclocking. Intel is probably going to use EMIB and packaging to cobble together midsize 10nm dies so they don't have to do "monster" size ones ( and better control yield issues. ).
If a Max core count war than AMD is probably way ahead. The issue though in the Mac product space is Apple doesn't necessarily need maximum core count only for the Mac Pro ( or iMac Pro). AMD is more than competitive for those systems, but probably isn't so out of the race that AMD can skip delivering on other aspects like (firmware dev support, os dev bootstrap support , etc. ). Intel knows how Apple brings up Mac system because they have been in the loop a long time.