The newly released computer game Genshin Impact must be run as administrator on Windows 10. Millions of people have downloaded this game. It runs on multiple platforms, however I assume that a signification proportion of the downloads are being run on Windows 10 as administrator. There is almost no reference to the requirement to run as administrator on the Genshin Impact web site or other discussion boards. I therefore conclude that very few people care about the requirement to run as administrator. I therefore ask, what are the real risks of running an online, multi-person game as administrator on Windows 10?
Update
There are a couple of good answers here already. They describe why what could happen if you run as administrator. They don’t address probably of such bad things happening. Since millions of people are doing this I’m interested to know if the risks are something which should prevent people from doing this or are just the possibly but unlikely.