Nothing is masked. The "consensus" on what RAM is and how much you need has been built up through decades of using spinning, slow HDD, meh interconnect and 'not quite enough RAM' (back then).and that was useing the high speed ssd as sawp to mask that.
Systems have changed and moved on. All the sub-parts are faster. App memory requirements have increased, but the average amount of installed RAM has increased more.
To this you can add how Apple Silicon uses and addresses RAM, and you have a new, modern system that needs to be evaluated for what it is.
If fast SSDs and a moderate amount of RAM performs better with better memory management than slower disks and heaps of RAM with "traditional" memory management.... well, it just performs better—regardless of what you call it.
More RAM has never made, and will never make a computer faster. But too little can make it slower. This is not a contradiction by the way.
Not saying some use cases won't benefit from large amounts of RAM (already said this previously), but it might be a good idea to evaluate each architecture on its own merits.