Monospaced typefaces were never intended to be pretty.
The assertion “a typeface is a tool” is a typical justification for making new typefaces. It’s convenient, reassuring and sounds practical. It’s also false.
Geometric typefaces are still a big hit these days and far more like a temporary trend.
Typography done well is incredibly powerful.
I’m a huge fan of Susan Kare’s Chicago bitmap typeface.
Typeface designers seeking to be truly inclusive in their work are accepting the challenge of creating new tactile typefaces for the visually-impaired.