Not at all. Different people value different things from Apple. I value the Apple ecosystem more than Mac computing power. I want the current version of Apple home to drive my large and growing collection of smart gadgets. I value Notes, iCloud Drive, iMessage, FaceTime and Photos for their convenience and end to end encryption. I value Apple's commitment to security and privacy. In short, the Apple ecosystem is worth more to me than computing power.
If your argument is that the ecosystem requires more computing power as well, that appears to be incorrect. The only thing I have found in the ecosystem that does not work on a 10 year old computer is Memories in the photo app. I think that's down to the lack of a Neural Engine. It also lacks a Secure Enclave which keeps me from authenticating 1Password with my watch. Home works (even upgraded to the newest version which I got installed before Apple pulled it), Enhanced Security works, login to computer with watch works, it all works.
I am never going to edit an 8k video, master a multi track recording, create digital art, render an animation sequence, compile a program, do sophisticated photo editing, simulate proteins or even play a AAA video game (or any game). When I am pushing my M1 mini as hard as I can, it's hardly working. Hell, I think the Time Machine backup process may use more computing power than I do on average. My peak CPU load on the system for the last 30 days was less than 35 percent, and I use it at least 2 hours a day.
If you need, or even just want vast computing power, I think you should have it. Apple should definitely serve your use case. They should also serve mine, bigger screens with less expensive, lower power processors that provide full access to the ecosystem. Apple makes more money off of the ecosystem/services than Mac and should make a push to add users in that category without sacrificing margins.