Not arguing that's enough, but it is probably better than the average customer laptop. So if you do get a much higher-end machine, it's worth making sure the app runs okay on something less capable than that.
When you give developers wonderful devices, it takes a lot of mindfulness to consider the performance on lower class hardware. When you have to make do with $100 laptops or phones, you're more likely to make things work for the low end users.
Is not targeting median consumer grade laptops
At my org the PO's had to upgrade from MacBook air to MacBook Pro in order to be able to screenshare Jira via Ms Teams with slack and outlook open