[Pikamander2]

Compared to the stark differences between BMP/JPG/PNG/GIF, there's a ton of overlap between WEBP/HEIC/AVIF/JPEGXL.

Naturally, some types of images tend to compress better with some formats than others, and then you may have to take into account things like the desired quality level, encoding time, etc.

https://cloudinary.com/blog/time_for_next_gen_codecs_to_deth...

Realistically, any of those four new formats would be fine for 99% of the images that exist, but it would still be nice for every browser to support them all so that web developers can choose their favorite format.

Although, on the flip side, the drawback of having so many formats floating around is that software developers have to spend more time supporting it all. Even trillion dollar companies like Microsoft are seemingly in no rush to make sure that formats like WebP are as well integrated into their software as JPG/PNG were.