Both are true, and both should be allowed to exist as they serve different purposes.
Sound engineers don't use lossy formats such as MP3 when making edits in preproduction work, as its intended for end users and would degrade quality cumulatively. In the same way someone working on software shouldn't be required to use an end-user consumption system when they are at work.
It would be unfortunate to see the nuance missed just because a system isn't 'new', it doesn't mean the system needs to be scrapped.