This right here is AMD's problem. As you stated "Bit if you look at it, it's 98% of the performance of NVidia's top < $1k video cards", is how I see AMD's approach to marketing. When AMD claims that they're competing in the high end GPU market, this is what their logical thinking entertains. They don't seem to realize the rabid nature of the loudest enthusiasts today.
Using the ubiquitous car analogy, if you don't have the absolute fastest car, you're driving a piece of junk.
What amazes me is how the majority swallow this propaganda. That is a very difficult battle to fight.
Nah, it's more that products that run super loud/hot because they consume 50-150% more power for the same performance as the equivalent NVIDIA GPU can't command the same price and interest.
AMD's architecture is so bad that even with a huge process advantage the Radeon VII gets beat consistently by the 2080 while consuming significantly more juice and running much hotter/louder.
Yes yes, we all know you can undervolt and tinker with things to do the job that AMD should have in the first place, but time and time again AMD illustrates why the market has swung so far in favor of NVIDIA.
I hope that NAVI and it's successors rectify the poor job that AMD has done since the 7970 (290 was a flop that wasn't fixed until 390 and everything after 390 has been sad in contrast to NVIDIA's offerings), and that excitement and competition can re-enter the market. The only AMD GPU I can recommend my friends and family are super cheap used 570/580 cards that I test/refurbish for them. In contrast I've built several Ryzen boxes for friends.