The examples in the article point to this obvious conclusion, but don't quite state it explicitly. The relationship between space and quantization effects is demonstrated for a physical dimension interpretation of space by the horizontal greyscale bar that stretches and contracts.
But what if you stretch and contract the dynamic range of your monitor itself? Each bit in the encoding space (naively) offers a doubling of dynamic range in the natural space, so even your 30 bit encoding can be stretched if you display it on a monitor that intends to output a contrast ratio many times greater than what we are used to.
For instance, imagine a monitor that could output light perceptually as bright as the afternoon sun, next to effectively infinite blackness. Will 30 bits be enough when 'stretched' across these new posts of dynamic range, or will banding (quantization) still be visually evident when examining a narrow slice of the space?