As "baq" also says: you pay Arm (or Apple, or Qualcomm or ...) for the micro-architecture. I expect Arm to drop licensing costs for their ISA to zero to compete

As "baq" also says: you pay Arm (or Apple, or Qualcomm or ...) for the micro-architecture. I expect Arm to drop licensing costs for their ISA to zero to compete with RISC-V at the low end. Right now, the Arm ISA has much better micro-architectures than RISC-V, why bother with RISC-V? I think this will change over the next 5 years. One of the ways to change this could be Arm selling RISC-V implementations. Of course there are also dangers in RISC-V: one is that we will get too many RISC-V versions, so no stable software ecosystem emerges for any single one of them. Adapting Linux, GCC and so on to your specific version of RISC-V (or any processor really) is rather expensive.