Hard to compare what is coming with what is currently out, so I won't comment on Alder lake/etc. I am really interested how Xe does as a dGPU but that's outside a laptop context.
To your credit, I am typing this from an Intel device that is not my own, and it is performant as you mentioned.
Want to own your device? No you don't, Intel does via Management Engine and other universal backdoors. Want to own your system? No you don't, you "need" Intel's microcode to fix all the bugs Intel had on release day [0].
Also, i heard recent AMD processors have tight PCIe integration (> 20 lanes), which if you need a dedicated GPU or network card is a huge bonus, but doesn't matter if you don't.
[0] Yes, i've witnessed with my own eyes CPUs that would fail to boot an OS without Intel's proprietary mirocode.
I don't want to support the market segmentation that intel does with ECC and raid. Especially given the single core pref hit you take moving from the mainline i7-i9 cpus to the equivalent xeon ones thats on top of the 2x to 3x mark up for no reason.
In short there is an ethical issue with buying intel some people want to avoid.