How does that make sense? Either your workload fits into RAM, so no swapping occurs and everything is responsive. Or your workload is too large to fit into RAM so
a) you have a swap partition and you system starts swapping and everything becomes really unresponsive, but the task will finish.
b) you don't have swap so the kernel kills the process using most memory, which is most likely the thing you're just trying to run.
How can you be happy with option b? I mean obviously get more RAM either way, but I'd rather have that safety net for the occasional memory intensive task. Obviously not a solution if you're short on RAM by a huge margin but if it's just a GB or two it's acceptable, because it's likely that the kernel can just swap out stuff from background programs that don't actively access their stuff right now.
You can see this well from the kennel's proactive swapping. If I run a bog standard desktop Linux distro and leave swappiness at the default 60, after a few hours of normal usage where I don't even get close to filling up my RAM with actual memory allocations from processes, the kernel will have swapped out almost a GB of data from several background services. Because a lot of programs allocate some memory for something and then never look at it in a long time. So it makes more sense to swap that to disk and instead use that ram as page cache.
Also, with current NVMe speeds, swapping has become a lot more bearable. Really the only place where I can see why you wouldn't use swap is servers with a well defined, dedicated workload. Here I indeed want a fast and noticable fail mode in case a new version of whatever I'm running might have a memory leak, or just vastly different behavior regarding memory usage.
When a workload runs out of RAM, it often really runs out of RAM, and would just be swapping continuously. It may even run out of swap space, if it was left to run for long enough. In my experience, even with NVMe drives, it just wasn't worth it because it usually wouldn't be able to finish in a reasonable amount of time. In part, I'm sure that's because the Linux kernel behaved much worse than is theoretically possible.
This may obviously depend on your workload, but I've heard similar sentiments from others (in fact, it was somebody else who suggested disabling swap to me based on their experience). The other point is that a sibling comment mentions some recent kernel changes that may have led to improvements, but I haven't given those a chance.
This is almost certainly not a scheduling problem but a swapping problem. Linux is famously bad at handling these kinds of situations.
About five years ago I decided to never use swap anymore, and I couldn't be happier with that decision.