But I’m sure there are some that will say 64k of RAM is all anyone will ever need!
Even if it cannot, getting the same quality as 'classic' JPEG in fewer bits is still useful. So you have:
* better quality in the same number of bits
* same quality in fewer bits
Things in these categories have colorful packaging with spot colors, metallic inks, coatings, as well as store displays with carefully designed lighting. The added cost is justified because it increases sales. It makes sense to carry that over online.
WebP and AVIF and HEIC had similar advantages but also some disadvantages (honestly chief disadvantage to WebP in my humble opinion was that nothing except web browsers -- to this day -- seem to support it!).
Another important point in its favor is that JPEG XL is designed as a royalty‑free, open standard, and Google provides a perpetual, worldwide, royalty‑free patent license for its reference implementation.
Avoiding JXL (once the rollout is sufficiently complete) seems, to me, like still shipping (non-animated) .GIF files where .PNG is better and smaller.