have you actually benchmarked that? I think (someone please correct me if I'm way off here) the AMX instructions can hit ~2.8tflops (fp16) per co-processor and there are 2 on the 7-core M1. That's 5.6tflops vs the 4.6tflops the GPU can hit.
Yeah that's within the M1 family, but get within dGPUs and it doesn't even come close.
30Tflops for a 3080 for vector FP32, but 119Tflops FP16 dense with FP16 accumulate, 59.5 with FP32 accumulate, and if you exploit sparsity then that can go even higher.
However, for lower precisions (which is what deep learning uses), you're much better off with a GPU.