> enabling high-quality video delivery at significantly lower bitrates
> likely will remain so til ~2028 when the first av2 hardware accelerated chips start dropping
This might sound dumb, but whats the point if its intended for slower devices, but those slower devices don't even exist yet?
so that new devices can adopt it
They can't adopt it if it doesn't exist.
It's not for slower devices, it's for lower data transfer bills for providers like YouTube.