True but with FG of DLSS 3.0, it makes more sense to go with the RTX4070Ti, if AMD can get a competitive answer to DLSS 3.0, it will balance things out.
As an Nvidia GPU user currently, I find limited use case for FG. There are plenty of reviews out there on this technology, and most of them seems to conclude that to get the best experience, your GPU really need to be able to deliver about to 60 FPS with just normal DLSS upscaling. Failing which, visual artifact will become more obvious, and latency may creep higher. So if you are hoping that FG can help you make a game that is struggling with your GPU, into something playable and with smooth experience, then you will may not find what you are looking for even though the FPS number appears higher due to the generated frames. Latency is not something you can mask even with Reflex enabled, when FPS is too low. So likewise, I am not thrilled about this FG technology that AMD will introduce soon. And really, between FSR and DLSS, real gamers are not going to pixel peep or deliberately try and find low texture graphics each time they start a game. You will only see “glaring” difference in reviews where image is bumped up a lot in size to pixel peep. If it is very obvious, then it will clearly be an optimization issue because its been proven in many games that while FSR 2.0 produces less desirable image quality than DLSS, it is not that far off.
Between the 2, if the price is the same, AMD offers more hardware and raterization performance over the RTX 4070 TI that is badly gimped by the 192bit bus, and low amount of cache. This also affects its RT performance, which I believe favours higher memory bandwidth. Speaking of RT, recent game releases really pushed GPUs hard, and I feel that the RTX 4070 Ti will struggle even at 1440p with RT enabled. So depending on the game, if you disable RT or keep it at low settings, then I feel it is better to get one with just strong rasterization performance.
In addition, it is clear that AMD GPUs are less CPU bound, and they generally perform better at lower resolution with a weaker CPU. And a double whammy to Nvidia, the RX 7900 XT is also generally faster at 4K, because the hardware is less limiting than the RTX 4070 TI.