It sure would be interesting to see something else challenge x86, but since ARM/Power/RISC-V are all within the same architectural tradition I doubt they will provide it. SIMD as used by GPUs is useful only when you have very structured parallelism like arithmetic on large data sets.
I think if we're going to see a challenger worth noting they'll look like they're crazy with the hard uphill battle and novel tech they will have to produce.