Ancient Roman style axes

I saw a few Roman steel axe heads in a museum recently and compared to some tools that really haven’t changed much at all, this form of axe head isn’t really made anymore, at least it’s unusual and I’ve never seen it.

Can anyone tell me whether anyone makes heads like this anymore outside of historical replicas, and what the disadvantages are to this pattern? It looks like it would be a nice tool.

Image here: https://postimg.cc/SjgWsyQ3