The trend is developing with a very high percentage performance gain for AMD, but as far as I know there are not thousands of games yet for Vulkan and DX12 APIs.
It doesn't matter for Fury X vs. 980Ti gen as that's history but RX 480 is only 7-8% behind 980Ti. Pascal 1070 shows no material gains at all which means 1060 will have nothing to show for itself against the cheaper RX 480. There are some huge titles coming out soon with DX12.
As I said in the other thread, NV doesn't make GPUs to last. This has been true going back to GeForce 5, 7, and Kepler.
At 1440p, latest benches show:
$300 280X ~ $500-650 780!
$400 290 > $700 780Ti!
$430 390X > $550 980
https://www.techpowerup.com/reviews/EVGA/GTX_1070_SC/24.html
If we had more DX12/Vulkan games, Fury X would have beaten 980Ti.
Unfortunately RX 480 only has 32 ROPs. Still, if there are more Vulkan/DX12 AAA games, this actually could give AMD a fighting chance with Vega.
At this point it probably matters a lot more how a modern GPU performs in TW:Warhammer, DE:Mankind Divided, BF1, etc. than it does in Crysis 3, Dragon Age Inquisition, Metro LL, BF4, etc.
Very impressive how well optimized Doom is compared to many other modern games that look and run worse.