Not at all my experience, 673 movies and counting. I encode at around 10 to 13x with my 12900K using svt-av1.
My command:
ffmpeg.exe -i file.mp4 -r 23.976 -vf scale=1280:720 -c:v libsvtav1 -pix_fmt yuv420p10le -crf 30 -preset 10 -g 600 -c:a libopus -b:a 96k -ac 2 -c:s copy -map 0 out.mp4
Try it.