Whether it's a universal good for the consumer or not is unclear. We could end up with significant fragmentation. But the compelling aspect of RISC-V is that companies can spin up their own cores to do all sorts of things without a lot of hassle with licensing. Either by writing one's own core or using an existing off the shelf one, and then tacking on whatever extensions or customizations that make
And thinking here far beyond what most people think of when they think of in regards to processors (phones, computers) but the fact that ARM cores are in practically everything these days from the MCU to the MPU level. Everything from light bulbs and ceiling fans to COVID tests to garage door openers to christmas lights or toys to drive and memory controllers to laptops and phones.
Think of all that diversity, and now consider what advantages a manufacturer can get by being able to roll up whatever they want, but still be able to use a common standard compiler suite, verification tools, skill set, etc.
RISC-V is the future, or at least a future. No doubt ARM and x86 will exist alongside basically forever, but RISC-V I think has crossed the point where it was a "maybe will be something" to a "it's happening" moment.