(Why? Yields. A 6" phone screen is like 12 square inches. A 27" desktop monitor is over 300 square inches. If you have a 98% yield of phone screens without defects, that implies only one defect per ~600 square inches, which means that at a handwave level, you'd have a 50% yield of desktop monitors with that same tech. "We have to throw away half the screens we make as junk" is a lot worse than "we have to throw away 2% of them.")
And smaller defects are better when you do sell off the imperfect panels.
Most PC's are targeting windows, and stuff would be unreasonably small if you plugged in a midrange monitor from the early 2000's. So, monitor manufacturers stopped offering monitors with reasonable DPI.
I'm on a 4K 27" monitor. That's a PPI of 163. I don't feel it's dismal, and I sit relatively close to my monitor.
Either way gives me a greater range of suitable monitors, and they are all cheaper than going for unicorn displays.
The products exist but they're not as numerous as I'd expect (certainly not outside of the Apple ecosystem), and it's an eye-watering leap as far as prices go, hundreds of dollars at one end and multiple thousands at the other with very little in between.
I won’t turn down a higher peak framerate if it comes without cost to the rest of the monitor’s functionality of course, but it’s not worth trading anything away for.