AGI It looks like the recovery of the system occurred only partially and not in a clean manner. I am given the option to undo the restore and I may take it after playing around a bit more and checking whether the system has become smoother on my eyes or not.
I should mention that prior to doing the system restore I scanned all the programs and drivers that could be affected. The list was infinitely long. There were so many recent updates of drivers of any sort that I was completely oblivious of, including from HP and NVIDIA.
I undid the restore and the screen still hurt badly. Meanwhile I noticed that the BIOS version had changed, and in the past I had had issues after a BIOS update. I downgraded the BIOS to the last version that did not give me issues, and my laptop is again usable. Next I will progressively kick in updates one by one. I expect the BIOS version to change when installing certain update packages. If that happens, I will restore the old BIOS version and see if I can keep up with new OS builds / versions.