Everything is moving to mobile. Desktop PCs will not exist as we know them today in 20 years. Why would I waste all that money on something I can't take with me? Also, Console has surpassed PC gaming for the first time this generation. My PS5 at $499 plays a game with the same basic graphic fidelity as a PC with a high end card. For $499.
But as Apple is showing, you can build an extremely enticing RISC ARMx64 architecture that sure, may not have the clock or RAM of an Intel machine, but RAM and Clock comparisons are for morons. Bertrand and Jon wrote the book on how clock and ram are a gimmick. My Intel i9 MacBook Pro 2016 with 16 GB of RAM is completely outmatched by my 13.3" MacBook Pro M1 8GB.
From battery life to task time, the i9 just held no advantage in lead. For a 10 minute task on the 8GB M1, it was 8 and some change on the i9. Saved a whole two minutes. For the hour long task on an M1 8GB, it was 50 minutes on i9. Again, begs the question of why bother with Intel for a marginal increase in performance.
And that is just the FIRST GENERATION of M-Series. Apple aint gonna stop improving it. By M3, I think Apple will have proven that CISC X86-64 is a dead end with no innovation left and that Arm64 its the future.
Same with gaming PCs. Eventually, I got tired of always keeping up with graphics cards, and getting a chance to buy one, and the constant upgrading and drivers and support and I got to a point where I asked, "Can I just get a Jupiter damned box that stays the same and plays games at the same quality?"
Why anyone would want to stick around for an industry with no real gameplan or coordination. Look at the disaster with S3 Sleep and Windows 10/11. Intel problem!