Adding link to talk for comment above. @ToadleDum references this talk: https://developer.apple.com/videos/play/wwdc2022/10127/ at the 13:22 mark.

If you look at the presentation here: https://developer.apple.com/videos/play/wwdc2022/10127/ If you have a question it directs you to this forum. Thanks.

Technically it's "Rosetta 2" and for those of us who remember Snow Leopard OS X and Rosetta it's the same story, different day. That Apple has a Virtual Machine emulating an Intel x86 instruction set and my builds are still TWICE as fast as they used to be on Intel hardware with NO Virtual Machine in the middle, I think the demise of Apple is a stretch. Intel maybe, but not Apple. For Terminal and Xcode, is it that hard to check the "Open using Rosetta" box?