Not game physics, as it puts the CPU in a lower speed regime it'd have negative implications on the rest of the games performance. So far, that AVX512 requires this lower speed (due to thermals) is an implementation detail, and it could be expected that newer processes (Intels 10 or 7 nm?) would allow them to work AVX512 tasks on full speed.
Until that happens, and everyone has AVX512 (because it'd be a massive fail to have a game that requires you to have a HEDT Intel processor to play), it'd be a nice gimmick to have on very specific tech demos, and performance sensitive scientific code that you know will run on a certain machine with certain characteristics.