Originally posted by PDL There are costs associated with adopting new standards. What would it cost, say PentaxPhotoGallery, to convert all of the JPEG's to some other format? How long would it take. So Flicker, Google, Apple, Microsoft, Facebook/Instagram would change all of their images? How about Getty, Shutterstock etc. The costs associated with conversion might be small, but the time to do it would be enormous and time is money. Cameras will still save images as JPEG's for a long - long time.
Totally agree with you.
There is also a loss of quality involved when you convert one compressed type to another, and that could be something to consider when talking about converting images. On the other hand, shooting in RAW has the additional benefit that if, in 50 years, the standard for the compressed images changes, there will be new softwares able of converting those RAW to the new formats without loosing quality.
But even if the change will ever happen there will always be a software able of reading/processing/printing or working with JPEGs. The first digital images I did, 20 years ago with an HP "compact" camera, were 0.5MP JPG files that any software was, is and will be able to read for decades to come...