Yes, that is the first sign of what is to come. Beginning with the next major version of the Creative Cloud desktop app, any individual Creative Cloud program will be labeled as "Not Compatible" if your system does not meet the official minimum requirements for that particular program - and then, those programs cannot be installed at all on your system if it's too old. Oficially, Adobe requires a 7th-Generation or newer CPU in order to run Premiere Pro properly (and I am looking at the "recommended" requirements, not the "minimum" requirements). Your CPU platform is only a 3rd-Generation CPU, which has now been officially declared "obsolete" by Intel itself since May 2019.
And Adobe is not alone in this, although its (relatively speaking) low annual cost for its prosumer/professional-level software is offset by the requirement for newer and newer hardware every few years just to keep up. Adobe never wanted to support older hardware more than begrudgingly to begin with, even during the days of the perpetually-licensed Creative Suite. They have done so by coaxing you to upgrade to a newer version while discontinuing all updates permanently for the previous major version. And if you waited too long (say, more than two major versions) of the perpetually licensed software, then you would have forfeited any upgrade discount eligibility, and you would have been forced to pay the full price for a new version (which at the time the last CS6 version was sold, it was $900).