I tried to use ARM instances on AWS, and I discovered a lot of things just don't work. For example, launching an EKS cluster with ARM nodes requires a bunch of hacks, and you can't really do anything useful with it yet. The instances are also not properly supported by Terraform.
I'm excited for ARM because of the pressure it will put on Intel, and also because of the cost savings. However it seems like AWS has a lot of work to do to make it useful.