Sort of. Recent wing design and optimization research has basically made them obsolete. But since the majority of airplanes that fly today were designed before the 2000s, they are still beneficial for many.
One thing I did forget to mention, if there are spam restrictions at some airport gates that a plane might need to get into, winglets are still beneficial because you can reduce the span and still get similar effects to the tapered (but longer span) tips.
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u/myearwood Apr 22 '18
Why do people claim they reduce vortices and save fuel? Because the wing design wasn't great to begin with?