This is definitely a thing that's been studied in schools:

https://news.ycombinator.com/item?id=20268974 (2019, 238 comments)

However, note taking in a business sense is usually different than note taking in an academic sense. Business meetings are more often used to make decisions, unlike academics where lectures are intended to disseminate information.

I get the difference between business and academic note taking, but I still think it is benefitial to do it yourself in a business meeting, because as you write down the notes you may realize a point hasn't been made as clearly as you wish it was made, which allows you to intervene.