Not really so much conspiracy theorist as knee-jerk. Spectre and Meltdown hit the news so hard they had to do SOMETHING, even if it were garbage. Realistically there are many more programs which have much more of a security risk, especially to the good 70% of PC users who know as much about them as I do about quantum physics, but are treated as "normal", such as Java and Flash. Heck, you ask me what the biggest security risk is these days it's the advertisers who run automated ad networks and take money from anyone without checking what they're doing, which leads to even legitimate sites being affected by drive by downloads, cryptoviruses, and ransomware. A close second would be legitimate programs who take money from other companies to bundle their software in the installer which installs by default (Ask toolbar anyone?).