I believe there will come a day when RISC-V has comparable or better performance than ARM and x86_64. This is based on history: I remember when x86 performance compared to the DEC Alpha, PA-RISC, SPARC, etc. was a joke. There was a time when, if you wanted real performance, you needed to pony up $20,000-$50,000 for a workstation with a MIPS/PA-RISC/SPARC/Alpha/whatever processor. All these workstations smoked the x86…
It's fascinating to me what you're describing. That ISA prevalence basically comes down to the anarchy of the market, and theoretical differences in the actual design don't really factor in. Is this true? Can we analyse the reasons we expect RISC-V to have better performance, and possibly even extrapolate that to a theoretically even better ISA and skip over RISC-V entirely?
In terms of a “theoretically even better ISA”, if anyone has any proposals, I would love to see links to them. In particular, the article “RISC-V: They Should Have Known Better” does not propose an ISA (except mentioning that the author feels AArch64 is much better), so I find its criticisms dubious.
[1] I will make one ISA propsal: x86_64 should have had 32 instead of 16 registers, but 16 registers at least is quite a bit better than the 4-8 registers the 386 had.