> Why JPEGs Actually Slap

JPEG is extremely efficient to [de/en]code on modern CPUs. You can get close to 1080p60 per core if you use a library that leverages SIMD.

I sometimes struggle with the pursuit of perfect codec efficiency when our networks have become this fast. You can employ half-assed compression and still not max out a 1gbps pipe. From Netflix & Google's perspective it totally makes sense, but unless you are building a streaming video platform with billions of customers I don't see the point.