As much as I'd love true competition in the GPU/CPU space, it doesn't exist. AMD's cards simply cannot compete with Nvidia for GPGPU type scenarios, and even in its basic capacity, often have known heat/perf issues. Now that may be worth it for now to make a statement against the telemetry, but what if (less if and more when IMO) AMD then adds driver telemetry? And then intel?
These domains (Chip manufacture/GPU driver writing) are so advanced at this point that I don't see how competition could reasonably disrupt an incumbent over anything less than a samsung-grade failure (and even then probably not), and I'm concerned about the long-term wherein the producers realize this and through a combination of boiling the frog slowly and leaving consumers no other choices put themselves in the position to have a "pragmatic monopoly" of free reign over our machines. (I've always wondered what would happen from an antitrust sense, if it's "we're the only producer not because we WANT to but because we're the only ones who CAN")
We've certainly seen it happening with OSes, as well as some attempts from PC oems, I've always unfortunately thought it was just a matter of time until the more irreplaceable components got into the game too and I'd love some creative thoughts to actually stop the trend and not stand in its way, because I'm not sure we'll win that latter battle.
EDIT: as a child post points out, I completely forgot to mention drivers as well; as a strong argument to my "we don't have many options" thesis. AMD's linux support has been historically lacking next to NVIDIA which makes it a non starter in many cases.