Hopefully Qualcomm takes the hint and takes this opportunity to develop a high performance RISC V core. Don't just give the extortionists more money, break free and use an open standard. Instruction sets shouldn't even require licensing to begin with if APIs aren't copyrightable. Why is it OK to make your own implentation of any software API (see Oracle vs. Google on the Java API, Wine implementing the Windows API, etc) but not OK to do the same thing with an instruction set (which is just a hardware API). Why is writing an ARM or x86 emulator fine but not making your own chip? Why are FPGA emulator systems legal if instruction sets are protected? It makes no sense.
The other acceptable outcome here is a Qualcomm vs. ARM lawsuit that sets a precedence that instruction sets are not protected. If they want to copyright their own cores and sell the core design fine, but Qualcomm is making their own in house designs here.
RISC V is just an open standard set of instructions and their encodings. It is not expected nor required for implementations of RISC V to be open sourced, but if they do make a RISC V chip they don't have to pay anyone to have that privilege and the chip will be compatible with other RISC V chips because it is an open and standardized instruction set. That's the point. Qualcomm pays ARM to make their own chip designs that implement the ARM instruction set, they aren't paying for off the shelf ARM designs like most ARM chip companies do.