FWIW, it is the operating system that controls reads and writes
to a drive and the M1 being a new product all the focus is on them.
I would venture to guess, that similar "issues" may be seen on Intel
models with SSDs as well. And note that all Mac Laptops from 2018
onward and the MacMinis from 2018 onward do not have replaceable
SSDs either, i.e. soldered to the logic board.
Also, there could very well be 3rd party software issues that are
causing the OS to generate "runaway writes" as well.
Personally, I have not seen such an issue on my M1 MacBook Air,
8 core GPU/8 GB RAM/512 GB SSD. I have had mine since the end
of November and during this period average 8-10 hours of use
everyday for a variety of tasks such as web browsing, DSLR RAW
image processing and post processing, some video processing,
embedded firmware and software development, etc. Based on the
accumulated bytes written, it will be about 12 years before I can expect
to start seeing signs of failure. Even before then, the 2020 M1 MacBook Air
will have likely outlived its usefulness, i. e. obsolete,