So I watched Cerny sermon again (lol that sounded more clever in my mind) and I realized how he deliberately calls both the GPU and CPU clocks as their caps and their continuous boost is explained as hitting these clocks more consistently rather than throttling.
Then I watched
DF Direct starting at 6:40 and Rich is saying the clocks are not bound to thermals at all and unchanging because of ambient temps but rather it is bound by power profiles that developers are controlling (says is a little bit earlier in the video).
So, when the console is at a map screen and left uncapped, in PS4 era it goes into dryer mode as the fan spins at maximum, but here developers are going to make the map screen at a lower power profile so it down clocks accordingly.
My main takeaway is both the cooling system and the SoC is designed to give the cap clocks whenever necessary but scale back when it isn't.
Like for example if a 2D platform with no bells and whistles is being played, the power profile will actively down clock the SoC to a level it is consistently hitting 60fps or 30fps whatever the design choice is for that game.
On the other hand when the upcoming God of War sequel is playing and the frame is in a place where it needs to eke out every last bit of everything, the power profile stop down clocking and put the GPU at it's capped clock of 2.23GHz and keep it there. Cooling solution, the one that has a goddamn patent for, must be good enough to sustain those clocks for quite a period of time if the power profile deems necessary, and at this capped clocks the performance is whatever it is; rock solid 60, some frames dropped 60s, mid 50s, choppy 40-60... whatever the frame time and fps is it will deliver that GPU cap clock consistently as long as whatever on the screen needs it. Then when you open up your map, it is not necessary to push those cap clocks anymore and power profile will kick it down.
It is actually a clever design to target power instead of thermals if they engineered a cooling solution that will handle continuous cap clocks.