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> What advantages does AVIF have over JPEG in this context?
I'm not a web developer but with my limited understanding about it can asume lower file sizes translate to a more responsive site and lower bandwidth usage.
AVIF offers higher quality at the same BPP allowing much lower file sizes for the same quality as the corresponding jpeg. Can easily switch and mix colortags to maintain color accuracy, afaik this is not possible with jpeg (which is essential for high quality screenshots of video and photography in general). Also supports transparency and animation.