This is what people said when Apple switched to MacOS X from legacy OS9, when they switched from Motorola's chips, Apple knows how to make these transitions and how to get developers to make the jump. All of the things you are "predicting" have been something Apple has faced and handled — even before they were as popular as they are now.This is going to be the death of the Mac computers as a whole. Arm Macs won’t have any compatability with any of the software available until the software developers update their software and most will be left behind. Microsoft tried to transition to ARM with the Surface Pro X and Windows 10 on ARM has been a failure. I expect this to fail as well, especially since ARM will probably not have the same performance for all tasks compared to X86-64.
They will be fine, they have been prepping for this for a while and if the X86 transition was any indication, I'd be surprised if they haven't already done a ton of the work to prep for this already.