I installed it (31.0.101.3490), no issue on my end (1185g7, Windows 10 21H2).
It seems to be the natural progression of unified drivers…
From the release note:
In short, this driver is not only for Arc.
Just note though: I’ve observed about an additional 650mW power consumption while idle with the Arc Control background processes. So I’ve disabled it from auto startup. Or just don’t install Arc Control during installation.