I think it depends on how big the monitor is. You're probably right for 27" monitors. But running a 43" TV as a monitor, the pixel density is quite a bit lower than I'd like.
I've currently got a 32" one running 1080p, from a normal viewing distance I can't see any pixels at all. Going beyond that and having to render 4x as much already seems super gratuitous. 8K is just completely ridiculous unless you're projecting a DnD game board or something that will be viewed up close.
I run it at native resolution, like it's 4 1080p monitors glued together with no bezel.
I can definitely tell reading text is exactly like reading from a 1080p monitor compared to my retina display macbook screen right next to it.
A 43" 8k monitor for $750 or so would be an insta-buy for me.
I am old enough that I've started to wear reading glasses to counter my age-related presbyopia, but if I had an 8K monitor it would probably sit less than two feet from my face just as this 4k monitor does, and I would make use of every pixel.
I sit 16-20 inches away from my monitor. I don't really think I sit further from this monitor than smaller monitors I've had in the past. Or a laptop on a stand.
As other people point out, I use it like multiple monitors that are seamlessly glued together with a tiling window manager (MacOS so Rectangle).
You might be if it had a higher pixel density. There are plenty of people who run 2, 3 or even 4 smaller monitors next to each other at close distances. That could potentially be replaced by one much larger 8k monitor in the future.
But I genuinely believe 4k is the upper limit where you stop seeing benefits in increased resolution for a monitor. Our eyes do have limits after all! I have pretty good vision and 4k is enough, and at that point I'd prefer focus on other aspects of picture quality like color accuracy and higher refresh rate.
It's already annoying enough how large a screenshot of your monitor comes out (just tested on my desktop and it came out to 10MB). 8k is unnecessary in the vast majority of cases.