Just happened to be watching this video and heard something that I thought was rather interesting:
According to the video XBOX Series S operates two settings dynamically:
Terrain LOD and Object LOD which vary dynamically between 25 to 50. 17:35 time stamp
If it is true that XBOX Series S has dynamic settings, then surely it must be possible on PC?
Steam Deck vs Next-Gen Gaming: Ray Tracing/Flight Simulator/Unreal Engine 5 + More Tested! - YouTube