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.
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.