Caporegime
Zen is an SOC according to rumours,so has all the important bits integrated onboard(apart from a GPU) - the lower end motherboards have no actual chipset. The same with AM1 - the chips are an SOC,so the motherboard has virtually no additional functionality and acts as a holder for the ports and any additional chips are there for extra functionality. Its also the same with Bristol Ridge and Carrizo - they are a one chip solution.AM4 boards are not SOC.
Here is a picture of a Carrizo based motherboard in an HP OEM system:
http://support.hp.com/my-en/document/c04686592
The chipset on this motherboard is combined with the processor into a single integrated circuit called System on a Chip (SoC). This technology combines the processor and chipset functionality into a single physical package.
The higher end ones motherboards for AM4 have a depreciated chipset which adds extra functionality to the system.
It will still be rather weird if Zen actually goes the whole hog and has BIOS functionality on-board the CPU,but it would make motherboards very cheap for companies and might entice them to do more AMD specific ones.
However,it would mean AMD needs to be responsible for keeping compatability with newer hardware up to date OFC.
OTH,the rumour might probably be not true.