Sometimes. Wild yeast is used for sourdough and many sour/wild beers. But lacto and pedio are actually different, as they are bacteria rather than yeast (which are actually a kind of fungus).
That being said, wild yeasts can all taste different and most are considered to actually give a poor taste - which is why some locations are renowned for their local wild yeast strains. Even then, what's good for beer isn't necessarily good for bread, and vice versa; for example, wild yeasts in the Senne river area are renowned for beer (and are responsible for lambic), whereas the wild yeasts in the San Francisco Bay area are widely considered to produce some of the best sourdough bread in the world.