If one trusted numbers like this, and followed a chain of en vogue codecs back through history, you'd expect that a modern codec would produce files sizes like 3% of MPEG-2 on the same input data. It's all spin.
I'm sure it does better, but I'm equally sure it'll turn out to be an incremental benefit in practice.
> I wonder how many more CPU instructions are required per second of decoded video compared to HEVC.
CPU cycles are cheap. The real cost is the addition of yet another ?!@$!!#@ video codec block on every consumer SoC shipped over the coming decade.
Opinionated bile: video encoding is a Solved Problem in the modern world, no matter how much the experts want it to be exciting. The low hanging fruit has been picked, and we should just pick something and move on. JPEG-2000 and WebP failed too, but at least there it was only some extra forgotten software. Continuing to bang on the video problem is wasting an absolutely obscene amount of silicon.