Just have a fun practice to share. Sometime we have to sacrifice some clarity (resizing or downscaling) for smoothness over RIFE, especially for high resolution videos. The nvidia VSR is actually worth to be on for that. It compensates notably for the clarity loss. If the RIFE has already drained the computational power, just insert a budget second video card for VSR. I am on 7900xt (for vulkan RIFE) with 3060ti (for VSR). The VSR would be applied after the interpolation.
My video renderer is Dx11 configured to run on 3060ti. My video player is PotPlayer. Decoding with software. HDR Passthrough tested. Linked screengrab is taken on a video playback downscaled to FHD then cropped, interpolated and upscaled to WQHD. https://i.postimg.cc/W4LC1ggf/SVP-2.png
However, although the VSR is able to increase clarity, it also creates new artifacts. So I would suggest if only a small downscale is performed, use Lanczos or Bicubic to upscale. If need FHD to UHD, VSR may perform better.