This would be an upgrade, but, given the 3950X cost of $750 CPU cost plus a mainboard....just to save 10-15 watts of heat and/or power, and gain 2 cores and a few IPC percentage points? (Is someone else funding this upgrade?)
You could likely downclock by 100-200 MHz within a few clicks in Intel's XTU application and end up with similar power performance...for free.
But, if you render/edit for hours on end for work, and time is money, then, you might decide the 3950X is worth it...as the Intel 12 core vs. 3900X/12 core comparison in Blender or CInebench did have a 3900X outperfoming the 12 core 9920X.....and it is indeed your money.
Good luck on your decision...