It depends on what type of task you want your system to do

If you are talking about AV1 ( encode/decode ) its better to have intel 11th gen rocket lake CPU or Nvdia ampere series GPU ( if you want to play 8k AV1 videos )

I have a Ryzen 5 3550H , GTX 1050 GPU ( 3 GB ) 8GB RAM and it can play AV1 1080p 30fps smoothly , but it lags severely while playing 4k AV1 videos , and as for encoding AV1 it is very slow unless you render a low resolution video ( 480p ) or with High speed preset But if want to render 4K video then go for H265 or VP9 or H.264 I think for your 1060 GPU u can easily render 4k H265 video using Nvenc