Yeah you're going to have a bad time if you use Premiere on a computer with either the min or recommended specs above. Specs def matter and are more dependent on your shooting material. You'd be lucky to edit something SD in the above spec sheet, let alone HD or 4K.
Your computer must meet the minimum technical specifications outlined below to run Adobe Premiere Pro. For optimum performance, use recommended system specifications. Applicable for: Premiere Pro 22.2 (February release), Premiere Pro 22.1.2, Premiere Pro 22.1.1 (December releases), and Premiere Pro 22.0 (October 2021) release.zkEzIx.