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I would argue that most people never need lossless, because most people don’t use speakers/headphones with high enough fidelity to produce any acoustic difference to a high-bitrate MP3 in the first place.
I used to work with a guy who swore by his FLAC collection, and would listen to it through some $40 Skullcandy earphones. I never understood why.
Okay, this “$1 trillion” metric is a bit of a reach, and seems to be based on an arbitrary value assigned to an estimated amount of data Google has collected, and not actually $1,000,000,000,000 in revenue. It does not appear that Google has actually made a trillion dollars from CAPTCHA data.