It ultimately depends on one of two things.
a. Do you ever plan on doing multimonitor or 4k? (amd is much better at this)
b. Do you REALLY care about proprietary cloth physics, physx? (nvidia)
Ultimately, they are a wash, one is not REALLY ahead of the other, amd is cheaper when you look at what you get for your dollar, and are probably a better bet for attaining a high-end gaming GPU at a lower budget (say, $400 vs. $700). Really though, due to this litecoin mining pricehike that has prices all crazy, it really is a wash. The custom 290x cards from AMD will be very good and will not have the issues of the review units, prices will go down, and nvidia is simply expensive at this point in time.
If I was in your shoes and listening to someone like me on a forum for advice, I'd really... ultimately look at the following. What kind of company do you want to support? The underdog, lower ability person who is trying very hard to make a difference by releasing content that will better the gaming community in the long run? (AMD) or do you just want to pay a little more, get the best you can for your dollar, and just have something that runs 'better' then the other guys stuff does? (Nvidia and/or Intel).
I mean, I buy AMD. I REALLY wish they had a new FX chip out, and the next series of GPUs will be a dramatic update since they aren't developing two consoles this time around, but it ultimately comes down (for me) to what type of behavior do you want to support. Big business or rocky.
Edit: I re-read your post, and you were asking about mantle and next-gen, so let me leave you with this. There is one chip in all three consoles, it's an AMD APU. You can take that for what you will, but the developers will be familiar with that design system, and steamroller would make for a nice steam-box equivalent that you can slap a high end GPU in when the time comes. Same goes for mantle. No real idea what it will mean 10 years from now, but it's an attempt at getting rid of directX and jumping past microsoft's issues with supporting their console instead of their OS.
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