Earlier quoted context omitted.
Not for screen recordings, unless you're doing a screen recording of photos or videos a GIF will typically be more bandwidth efficient (as there will be large areas of single colours and few changes between frames which GIF is good at).
> as there will be large areas of single colours and few changes between frames which GIF is good at Pretty sure that's how modern video codecs work too. A lot of movies have regions that don't change much between frames (e.g. backgrounds, or some dude's face staring at the camera all dramatically). What GIF gets you is a lossless video, which is overkill for most applications. Video codecs can achieve a similar perc…
I'd consider that a good trade-off given the universal compatibility of GIFs, and no ringing in the decoded video.