I agree that the current situation sucks, but I don't think one can say it locks someone on your situation out of your game collection.
Point is, quite a lot of hardware can still do a lot. I have a Ryzen 5500U-based laptop that still outperforms the PCs of most people that I know (non-tech people).
Though in my case I feel like I have to get a loan to buy a workstation + an actual gaming PC for my wife. That all is beginning to look like at least $15k... yikes. But I am not sure I can wait until 2028 to see if things _start_ normalizing... Depressing indeed.