It is the case for embedded microcontrollers. An ESP32-C series is about as cheap as you can get a WiFi controller, and it includes one or more RISC-V cores that can run custom software. The Raspberry Pi Pico and Milk-V Duo are both a few dollars and include both ARM and RISC-V view. with all but the cheapest Duo able to run Linux.
RISC-V microcontrollers are inexpensive but “application” processors will be expensive until volumes increase.
Performance will get “good enough” over the next 2 years. Prices will drop after that.
That the "good enough" SoCs will be arriving "over the next 2 years" is what the RISC-V advocates have told us for quite a few years now.
which, sadly, isnt the case right now
It is the case for embedded microcontrollers. An ESP32-C series is about as cheap as you can get a WiFi controller, and it includes one or more RISC-V cores that can run custom software. The Raspberry Pi Pico and Milk-V Duo are both a few dollars and include both ARM and RISC-V view. with all but the cheapest Duo able to run Linux.