I can add this to the conversation from an App Dev's perspective.
It appears that beginning with iOS 14.1, Apple has been modifying the code that controls the Performance Controller part of the A-series chips, which basically acts as an Arbiter & Scheduler.
To my knowledge they had NOT touched that code for an entire year leading up to iOS 14.1.
Specifically, I had NOT noticed any low-level (timing) changes in my 11 Pro Max for over a year, until iOS 14.1.
Why would they be doing this ?
IMO, they've now got something else running in the Background, under iOS control, that needs (considerable ?) CPU cycles.
I don't have ANY clue as to precisely what they're up to, however.
But, as a low-level App Dev, I can definitely see the impact it has on cycle-to-cycle Timing of certain operations (starting with iOS 14.1, that is).