LoL.
Honestly Katarina would probably be worse in most respects.
AD scaling is great if you have AA resets, AA steroids, or just want some power in a drawn out 1v1 through auto-attacks.
Considering Kat's kit is pretty heavy in the AoE focus, the nature of her skills prevents her from easily adding an AA in her combo, and her manaless/spam-happy nature allows great synergy with spell-hit items: Kat doesn't have a whole lot to gain with an AD itemization path assuming the bulk of her damage was flipped to physical.
She just wouldn't benefit that much from her auto-attacks hurting.
Also worth nothing armor is usually ~35%~50% higher on all champions than MR for the vast majority of a game, making physical ability damage almost always worse than magical ability damage in terms of, well, doing damage.
While in past seasons you could reverse this with superior armor pen itemization: this season M Pen itemization is obviously superior, so magic damage is just better in regards to a QWER combo.