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Is there? Photoshop has a bunch of menus, not sure what they're planning to do. See this screenshot for example:

Menus are positioned by the OS, presumably they won’t collide with the notch. There is no problem.

I did notice Xcode used up all the space before the notch:

And apps that don't have a traditional Mac menu just have a black bar hiding the notch:

I actually don't know what Mac OS does today when it runs out of room for menu items.