You expect an open consortium to continue to innovate in an industry leading way? An open consortium is how you kill ARM. ARM didn't get where it is now by being sub-par.
I appreciate your intent and it seems like a nice idea, but my experience with community development means ARM would turn into an absolute shit show as various stakeholders fight for control and ram through a mish-mash of their pet personal features.
There's also prior art in RISC-V
If a customer asks for a feature, you can say no if it is a bad choice. You have less leverage to do so when that 'customer' is really a paying member of a consortium.
Then when they have the chance to almost completely start over… the make BLE with approximately 1/2 of what people want and spend years bloating the spec on that too.
I’ll take a talented lunatic with autonomy over 20 different voices in a bureaucratic community every time.
the historic alternative is a slightly lower cost (most of BT complexity is of the plumbing type, not the PhD type) and much more significant market risks (due to incompatibilities: smaller addressable market and less ability to pivot from one market to a different one).
from the engineer PoV, i agree with you: i’d love for these specifications to be simplified. from the business PoV, i don’t think it actually matters that much.