Nope. Historically people bought Macs, and paid the extra money over equivalent PC hardware, specifically because they wanted to work in MacOS. That's always been the case. [What's changed now is that you have a subset of Mac users who got into Apple because of the iPhone, and are buying Macs for the "ecosystem" effect, which is different from having a specific preference for MacOS. But that's not a majority of Mac users.]
For most Mac users, performance is as much about the software as the hardware. Speaking for myself, I'm more productive, and have a far more pleasant user experience, working in MacOS than Windows (I currently use both). In that sense, a Windows PC will never be able to perform at the same level as the Mac, regardless of hardware. That's a lot of what you're paying for when you buy a Mac instead of a PC. Looking only at hardware misses this.
Thus, to my mind, Macs have always been the better value proposition, because being in an OS that is much more pleasant, and allows you to be much more productive, is worth far more than any spec.
That's not to say I'm unaware of the fact that Apple charges double what Dell does for RAM upgrades and, now that they've moved to non-upgradeable hardware (even for desktops), that makes Macs a worse hardware value than they used to be for those, like me, who use a lot of RAM. But my user experience counts for a lot, and thus Macs are still a better value for me, and many others, than PC's.
Interstingly, AS does change the hardware value proposition for laptops. If you're someone who wants high CPU performance when unplugged along with long battery life and quiet operation, there's no PC laptop that can match the Macs. I believe that AS still offers the highest SC speed (and most programs are single-threaded) of any mobile processor, and you can get that in something as light and small as an M2 Air. And, comparing the M2 Max on battery to any Intel or AMD mobile processor on battery, I believe the M2 Max trounces all of them.