Not true.
From the Adobe website:
"This blog post explains what a GPU can and cannot assist (speed up) in the overall exporting process (scaling, GPU accelerated effects, etc.). In some cases in an exporting job, the GPU is used minimally, as there might not be many processes available for the GPU to handle. Real-time GPU accelerated effects may not have been added to the sequence, for example.
That said, a system with a well-performing GPU (or even dual GPUs or more) can be a boon to improving encoding times, as indicated in this article. Some editors create sequences with a great deal of GPU-accelerated effects, for example, others commonly scale 4K footage to HD frame sizes. The GPU offloads processing for items it can handle, like these effects and scaling, giving the CPUs the opportunity to focus on the encoding (rather than effects processing) which can speed up the entire process greatly."
Guess what effect is GPU-accelerated? LUMETRI. That means ALL color correction is accelerated upon export with a faster GPU.
As a professional editor, I can tell you that every single clip in my timeline has color correction on it. Quite often clips have two or more Lumetri effects on them.
This GPU will DRASTICALLY improve my export times from Premiere.
(Which isn't even the important thing. The important thing is REALTIME PLAYBACK with effects on it. That's what you spend 95% of your editing time doing, playing things back. Export improvements are just a cherry on top.)
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