The ISA differences between ARM and x86 do not account for the difference in performance, there are multiple factors here (process, ssd, memory bandwidth, cache, thermal reservoir, etc).
While this is wonderful for ARM in the now-term, we just moved from walled ISAs to a plurality of ISAs, compute just became a bulk commodity in a way that it could not with an x86 duopoly.
Anyone can now take off the shelf RISC-V designs that are currently at > 7.1 coremarks/mhz and get them fabbed on Glofo or TSMC. If you need integrator help, you can use the design services of SiFive.