That sounds really easy and straightforward. And yeah, committee decisions are well known for their technical excellence and far-sightedness.

Well, physical interoperable things are done by committees. You need the industry players involved if you want new interoperable standard to be widely spread. Unless it is one of the first movers.

Say how would you improve speed of copper based ethernet. Using nearly same cables and connectors? Every party making the chips must agree on very specific details.