Those speeds are so fast that for most tasks, sequential read/write performance is not going to be a bottleneck.
One of two things will be true:
- The amount of data to be transferred will be small enough that 5129.9 MB/s or 4220.3 MB/s is "instantaneous" (given human reaction times) and that further increases in speed would produce no perceivable improvement.
- There will be things other than raw sustained sequential read/write speed (such as Finder overhead) which are responsible for much, or all, of the perceived delay.
If I launch LibreOffice on a M1 Max Mac Studio, the application starts up quickly – but not instantly. I can see the icon bounce a couple of time in the Dock, and then there is a slight delay before I see the startup window.
According to this AppleInsider article, a M1 Max Mac Studio with a 512 GB SSD had a read speed of 5180.3 MB/s, and a write speed of 4629 MB/s, on the BlackMagic disk speed test. Finder reports that my copy of LibreOffice takes up 781,177,995 bytes – or 825 MB on disk (since disk space is allocated in blocks).
If all that was involved in launching LibreOffice was to sequentially read a large block of data off of the SSD at the fastest speed possible, that would imply that the application would launch in about 1/6.3rd of a second. Clearly it takes much longer than this to launch the application (the first time; caching can speed subsequent launches) … and so there's something going on other than just reading a big sequential data block as fast as possible.