Earlier quoted context omitted.
How do EXR and JXL compare to each other, feature-wise?
I have never used JXL honestly - no job I have had it was ever even considered. Given the Jpeg in the name I doubt any pro studio would consider it given the other options do everything needed. DPX is basically the older standard for film and EXR is the newer one. edit: Just looked at the specs and JpegXL is definitely marketed at least more as a web end viewing file type. It does higher color depths (up to 16 bit) w…
Likely you get 1/5th of the file size from EXR -- smaller file sizes can improve some web based workflows -- for example when an advertising team is distributed, or partially in work-from-home mode.
Bringing the quality of professional photography to the masses is another thing. Today, mobile phones rarely have too much capacity and many users are fighting with their memory space getting full. There, uncompressed or poorly-compressed formats are not a realistic or cost-efficient option.