These days using Cloud services (from AWS, Azure, Google) gives you such a broad toolset to create applications very quickly in the micro services approach with scalability out of the box. A monolithic approach in that situation doesn't make much sense.
The question really depends on the context of what you're building and its constraints on deployments.
Generally anything that is app and web related, monolithic approach is wasteful of your time and usually money for the reasons I mentioned in the first paragraph.
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These days using Cloud services (from AWS, Azure, Google) gives you such a broad toolset to create applications very quickly in the micro services approach with scalability out of the box. A monolithic approach in that situation doesn't make much sense.
The question really depends on the context of what you're building and its constraints on deployments.
Generally anything that is app and web related, monolithic approach is wasteful of your time and usually money for the reasons I mentioned in the first paragraph.