I consider that the time of x86 is coming to the end. x86 not wining nor in speed, nor in energy efficiency.
And instruction set of x86 is kind of bloated.
Keep in mind that it is often general purpose x86(_64) software with 20 years of backwards compatibility compared with relative new, almost legacy free offerings from new applicants. Benchmarks are hard to compare also in other ways.
In some ways this reminds me of the mid nineties attempt to bring Power(PC) into the PC market. Lots of drama, but disappointing results and weak and postponed next generations, followed by a quick exit, leaving early movers in a bind. The initial Qualcom laptop lineup took nearly a year to refresh, and got a lot more expensive in the process. Top performing parts by other vendors are promised but slow to emerge for client use.
And remember, one of the problems of all non x86 experiments seems to be that when a generation goes out of fashion, after a few years, support essentially falls of a cliff.
What will be the next "big" architecture? Will it be ARM or RISC-V?
Definitely ARM, though I would put x86_64 remaining before either of them. I don't really see the benefit for vendors to chose RISCV. While instruction licensing is cheaper, RISCV silicon reference designs are actually more expensive I heard. And that matters most for the small vendors that RISCV is supposed to be revolutionary for.
If x86 engineers find any kind of kludge to better parallellise the instruction decoder, that makes the whole discussion moot. As x86 might be suddenly on the advantage due to code density.
In summary, I don't see any big change, relative to a few years ago. Yes, some cloud providers might switch from x86 to arm, but for PC replacing clients? I don't see clear signs that a change is coming. Worse, I think the two failed attempts (the original Surface, and the Qualcom powered laptop generation from a few years ago) will make any new contender think twice.
If you really, really want non x86 for some reason, Apple seems to be the only (relatively) safe choice.