Hopefully they will fix the encode speed with AV2. You need a super computer to encode AV1 in a reasonable amount of time. H.265 is significantly faster for a similar quality.
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I mean, you generally decode an asset several magnitudes more often than encoding it, and decoding basically must happen real-time, while encoding can most often happen ahead-of-time. Having encodes be a bit on the slower side if it gains you higher compression is arguably worth it.
encoding can most often happen ahead-of-time.
If you're counting in terms of viewer hours, then sure. However, given the rise of Twitch-style live broadcasts, I think the picture would be noticeably different if you were to count programming hours instead. High quality real-time encoding is becoming much more widely relevant.
no one wants to pay royalties to mpeg consortium
No, but I don't want to wait a day or more for a movie to encode either.
get a gpu that can encode av1
Isn’t that orders of magnitude more expensive than paying a royalty?
It sucks on CPU, but for GPU encode even cheapest Intel Arc cards can chew through it with no problem.