That argument could be made to reject any form of lossy compression.
Lossy compression enables many use cases that would otherwise be impossible. Is it annoying that streaming companies drive the bitrate overly low? Yes. However, we shouldn't blame the existence of lossy compression algorithms for that. Without lossy compression, streaming wouldn't be feasible in the first place.
Lossy compression enables many use cases that would otherwise be impossible. Is it annoying that streaming companies drive the bitrate overly low? Yes. However, we shouldn't blame the existence of lossy compression algorithms for that. Without lossy compression, streaming wouldn't be feasible in the first place.