In many areas, Intel/Windows is baked into necessary software. Now, Windows offers to fix that with their version of Apple's "Rosetta" but I'm not holding my breath.
I use electrical engineering tools, plus lots of gadgets that require software to run them. With few exceptions all run on Windows/Intel and few run on the Mac (my preferred platform), and they really don't run on my new Mac Mini because there is no good commercial virtualization platform that will run an Intel Windows on the M1.
The industry has lots of intertia, and that is largely due to sunk costs. To the extent that those costs represent legacy software that was not written to be portable, that's a big problem. And, things that interface with external devices are the hardest to make portable, because they get down and dirty with the OS's device drivers, and many even come with their own device drivers/
So I have a Mac Mini M1, and have to keep my older Intel Mac around in order to do a lot of things I need. I don't see Qualcomm fixing that for me.