I think it's important to remember these processors are designed for different things. The M1 Pro / M1 Max chips feature more active GPU and CPU cores, for higher intensity work. The respective MBP's also feature brighter, more resonating displays, also for that graphic work.
The M2 on the other hand, is designed for everyday use and functionality. The M2 makes this new MBA a solid device, probably best in the market, for college students. It's going to be durable, it's going to be fast for the school work most would be doing, and it's going to look brilliant watching a movie or something in your dorm. It's also a great computer for standard business use.
I have the 14" MBP myself, and I don't even use a fraction of what this processor can do... so the new MBA would likely be the perfect laptop for most people like myself.