Sure, but on a big screen. On a laptop screen, you can only read a few lines at a time. Especially on apps that add menus and other stuff to the top and bottom, like IDEs, browsers, editors, etc. A few lines more would do a lot of good. It's really like you're looking at everything through a letterbox opening.
In fact, 15 years ago I had a coworker who used two 20" 1200x1600 on their side next to each other. That worked really well for having lots of text next to each other. It's basically a gigantic 3:2 screen, which is still a tiny bit taller than 16:10.