What programs do you use most frequently? Because the answer really depends on that. The people above are right that ARM isn't inferior, and the M4 really is absurdly efficient, but here's the annoying catch: not everything runs natively. Like, if you work with very specific software (third-party audio plugins, some engineering tools, certain scientific software), you might run into problems even with Rosetta 2. Emulation works well for most things, but it's not perfect for everything.
The real question is: are you willing to spend some time testing everything before you buy? Because there's a trick a lot of people don't do: before you go out and buy it, download the MacBook simulator on your current machine (or go to an Apple Store and test it there) with your specific programs. Open everything you use regularly, let it run for a while, and see if it works well. Yeah, you can do this test without being stuck with Rosetta 2 if you have access to a Mac.
The thing is, for 90% of uses (browser, email, documents, basic productivity programs, Adobe Creative Suite has a native version), Apple's ARM is better than Intel or AMD because it uses less battery and runs cooler. But if you use that obscure software that only runs on Windows or need perfect compatibility with specific plugins, then it gets more complicated and maybe you should stick with Intel instead. So do this practical test first.