Yes but that is kind of the point. Going forward all Apple Silicon machines will have this kind of hardware baked into the SoC at no extra cost whereas no Intel system (be it PC or Mac) will.
That is a big deal as it means Adobe, Sony, BlackMagic, etc. will be able to optimise to levels impossible to do elsewhere. If that 8x speed up scales linearly to large video projects you would have to have a Mount Everest sized reason to stick to PC.
That is a big deal as it means Adobe, Sony, BlackMagic, etc. will be able to optimise to levels impossible to do elsewhere. If that 8x speed up scales linearly to large video projects you would have to have a Mount Everest sized reason to stick to PC.