alt Hacker Newsreally good point, but I actually don't think the Pi's biggest competitor is Chinese clones, but just regular laptops and mini-pcs that have dramatically lowered in price over the years. I do still think Pis have a purpose though, it's just harder to justify in certain cases.
It depends on what you use your Pi for. If you are self hosting anything beyond what a Pi Zero can handle then a mini PC would most likely be a better choice than a Pi 4 or 5. If you are building embedded devices or are a hobbyist then the Chinese ARM SBCs are definitely in the competition.