I have a 3080, I paid MSRP ($699) for it in 2020 because I got lucky. It will last me a while, but I'm dreading seeing the 5080 next year and having to pay an MSRP that is twice that for the same class of product.

I don't think Pascal cards will be relevant for AAA games much longer now that AAA games are starting to skip last-gen consoles. Ubisoft showed of their Avatar and Star Wars games this week, and both are shipping with ray-traced global illumination.