I just built a new PC and put an i7 in it. The Ryzen 1800x is more expensive than an i7-7700k, while having worse performance.
Obviously AMD makes cheaper versions where that comparison doesn't hold.. but the advantage for AMD here isn't clear cut, and so there's no reason to believe there will be a mass migration to AMD.
Besides I've heard this kind of rhetoric about AMDs cpus before.. and yet I've never seen the sort of switch like you're describing. If it were true that everyone was switching to Ryzen CPUs, they would be sold out everywhere and AMD would be talking about how to scale up by an order of magnitude to meet demand.. none of that has happened.
AMD did a good job with Ryzen, and they'll probably post some great numbers next quarter... maybe they'll get to 5 or 6b over the next year... but Ryzen hasnt changed the selling proposition for AMD. It is still: in the low to mid end desktop processor market, AMD is cheaper and has similar performance.