As of 11/11/20, Apple is launching new MacBook and Mac Mini models with Apple's custom built M1 processors. These processors use a different instruction set and mean a lot of changes.
...
Existing programs will automatically be launched using Rosetta 2, a program on OSX macOS that converts old programs into the new system. However, this is much slower than if the app supports Apple Silicon. For this reason, most apps may start and run slower than expected.
...