It's better than JPEG and PNG for most uses, with smaller image sizes. Even 4:2:0 is better than the sRGB usually used in PNG. I'd rather have this now than wait another few years for a few niche usecases (where TIFF can still be used)
> Even 4:2:0 is better than the sRGB usually used in PNG.
Better for what? Not for wide-color photographs or any kind of colored text, that's for sure.
https://9to5google.com/2018/09/14/youtube-av1-video-beta-chr...