Yes, for exemple, if you see my channel I have a race run on a track like WC Croatia, and if I use 4 K will be shit because have to much rocks and details.
In this video i use 2,7k (could use 4k, but in the edit I don't render in 2,7K) because I have much sun and don't have too much detail, and the terrain is all the same.
If you search videos in Youtube in 4k with gopro, are almost in beach or snow.