For the time being, ARM is making headway in creating usable chips for more serious computing. Well, I guess I should say designing, as opposed to making.
I do have current gen hardware and some older hardware, should it reach the point where I need to be concerned. Though, at least theoretically, a good hardware firewall should prevent this from being exploited but most consumers aren't going to invest the effort and money to do so.
I'm not really sure what this means for the future of personal computing. Like you say, nothing is going to change. They will continue to roll things like this out onto unexpecting users.
I don't have a problem with this being included, but I do have a problem with it not being something you can disable. In fact, I'd prefer it to be off by default. I suppose it'd be okay to have it configured by the OEM, as some large orders may wish it in by default.
Either way, it is insecure by design and they show no signs of changing that. It's rather disappointing. I have read, but not yet verified, that AMD's version can be turned off in the BIOS. That also assumes that off means actually off.
Business models based around certain kinds of binning (security instructions that are openly documented) and tying functions together (in case of a 3rd party chipset ever using the same chip) need to stop. 3rd party chipsets or desktop class arm/risc-v to break the x86 oligopoly at this point around security need to be developed.
Given recent history skepticism must move to these individuals and their motives.