No, in terms of performance, Nvidia GeForce RTX 3050 is slower than, Nvidia GeForce RTX 3080 Ti by -215.7%.
When it comes to power efficiency, RTX 3050 falls behind with an efficiency score that is 47.7, -14.7% lower than that of RTX 3080 Ti 56.0. Consuming 350 watts, RTX 3080 Ti has better power consumption to peformance ratio. The efficiency score is calculated by comparing the benchmark score with power consumption
When considering value for money, RTX 3050 offers a better deal than, GeForce RTX 3080 Ti by 21.7%. Here is more in depth overview of the price and used prices of RTX 3050 Price History and RTX 3080 Ti Price History