Running ionic serve in production mode

Has anybody been running ionic serve as a production web server, our understanding is that ionic serve helps development since you can see changes faster. But, why not use this beautiful html that it generates to run it as a responsive HTML UI.

1.Is there some doc on what ionic serve uses behind the scenes.
2. What are the limitation of doing so (guess camera would not work, etc)
3. Can i treat my ionic project as a Angular JS project and serve it the same way ?

Thanks
Elango

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