You’ll notice a slight difference especially in how bright the screen can get. But, since your iPad is a 2020 and not the 2021 with the mini LED, the difference will probably be minimal unless you’re super picky. If you were coming from a mini LED iPad, there would be no contest.
Keep in mind too that iPads are better content consumption devices because of the way they can be held too. I’d much rather sit with an iPad on the couch which I can hold whichever way I want than a fixed position device like a laptop.