Yes, but the Pixel screen doesn't go to the edges. There's a sizeable bezel at the bottom. Could have left one at the top as well, and avoided the notch.
Why though? Why get rid of screen space that could be used for something?
If you really hate that space being used, there are several apps out there that "disable" it by pushing the whole screen to treat that space as if it were bezel.
Doesn't that give everyone the best of both worlds? I prefer the notch in that it gives me more space at the top around it for things like notifications or status icons, and if you hate the look you can black it out and have it look like it's just a big bezel.