I regret to inform you that GPU prices have once again gone gay and retarded. The 6650 is the approximate equivalent of the PS5's GPU.
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My 6700 XT was $429.99 on Amazon when I bought it.
Ken Kutargi was saying basically the exact same thing in the 1990s. Microsoft shat its pants and created the Xbox division in response. But it turns out the intrinsic value of PC gaming is the ability to play games on a machine that does all the other stuff you want, too, and that's never going to be a Playstation. So Sony didn't kill off Windows gaming, and Valve's nearly stillborn attempts to create its own console are having even less effect.