Maybe it doesn't exist on whatever sleek glassy slabs they're working with, but the old Thinkpad, Elitebook, and Precision workstation laptops I have around me at the moment all have dedicated microphone mute buttons (the Precision has a Fn key combo, the others have physical buttons that do nothing but mute the microphone) that I reach for before trying to mouse over to a different mute button for a particular videoconferencing app.