Electronic ink has terrible refresh rates, but is great for reading.
Apple's displays can run at 24FPS, which is terrible for gaming, but perfect for editing 24FPS films and shows.
I spend most of my workday either writing code or editing video, for which this less-expensive (relative to Pro Display XDR) model is out-of-this-world PERFECT.
The sound is amazing and would be perfect if paired with a subwoofer. And despite terrible reviews, the built-in camera is just fine for video calls. I think a lot of people don't realize that people only look good on their own screen in video calls, because they are seeing their own video before it gets massively compressed to look just as bad as everyone else.