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my i7 3700k with 8gb of ddr3 handles multiple 4k streams just fine. it doesn't transcode on the fly super well, I transcode everything to hevc before putting it on the server. it will happily transcode a single 4k stream in the rare case a client doesn't want hevc.
point is, don't target latest gen simply because it's latest. 12th gen is definitely newer than I'd opt for, and while 16gb is cool, 32 is absolutely overkill for the use cases you listed (other than the llm, which others properly list as "don't worry about it unless you have 3k in your back pocket to shell on gpus")