I agree with the silliness of 192kHz, but not 24-bits. Here is why: In typical PCM recordings, like CDs, mid-range frequencies (e.g. 1kHz to 4kHz) are recorded with lower amplitudes because our ears are more sensitive to them. Sampling theory is correct and 16-bits can reproduce any waveform with ~100dB of range, however, in a complex waveform consisting of low, mid and high frequencies, the mid- and hi-range frequen…
So, the noise of that signal is -5dB SPL. 0dB SPL was set to be the lowest possible perceivable level of a single sound in an aechoic chamber. And that's not even considering other sounds in the recording, or ambient noise levels in a typical living room, etc.
In your example, moving to 24 bit would been a long way from having any effect (other than a 50% increase in file size). And if you use, say, an 8 bit signal as an example, then things are even less noisy. Note that the noise is the only consideration here: any fidelity loss is represented in that figure.
The audio engineers of yore who (among other things) decided that 16 bits was more than enough for final mixdown were much more competent than they get credit for (many were downright amazing at what they did, in fact). They thought of stuff like this.