Oxford University provides tips on using migration assistant:
I'm actually going the other way, migrating from an M1 MacBook Pro to an Intel iMac. Will I have app problems? Can I migrate my apps, then somehow find the native Apple silicon ones I'll need to try to swap out?
When prompted we would recommend you only migrate your account and not applications from your old Mac. Install the latest versions of applications on your new Mac. This is particularly important when you are moving from an Intel Mac to a new Mac with Apple CPU (M1/M2) as native Apple silicon complied apps are likely to offer better performance. Apps compiled for Intel CPU may run but will be running in Intel emulation mode which may be slower.
I'm actually going the other way, migrating from an M1 MacBook Pro to an Intel iMac. Will I have app problems? Can I migrate my apps, then somehow find the native Apple silicon ones I'll need to try to swap out?