"By Young's estimation, CDs can only offer about 15% of the data that was in a master sound track"
And nothing of value was lost in the remaining 85% of the *data* that is inaudible to the human ear.
"Young, in fact, created his own digital-to-analog conversion (DAC) service called Pono. Young has tweeted that the Pono cloud-based music service, along with Pono portable digital-to-analog players, will be available by summer."
There's your cash-in scheme lurking behind all the BS.
"Young's service would increase the quality, or sampling rate, of the music from 44,100 times per second in a CD (44.1KHz) to 192,000 times per second (192KHz), and will boost the bit depth from 16-bit to 24-bit."
I would like to repeatedly hit you over the head with http://people.xiph.org/~xiphmont/demo/neil-young.html
"The sample rate of a digital file refers to the number of "snapshots" of audio that are offered up every second. Think of it like a high-definition movie, where the more frames per second you have, the higher the quality."
NO, do not think of it like that unless you're a charlatan. Refer to rebuttal on xiph.org.
"Millions of people in the world are audiophiles."
No doubt, Millions of people in the world are fools and they have money that could be yours.
"It's just common sense that the higher the resolution -- the more data that's in an audio file -- the better the sound quality, Chesky said."
Too bad this thing called SCIENCE has been trumping "common sense" for millenia now.
"The site also recommends high-resolution player software such as JRiver, Pure Music, or Decibel Audio Player. The software, which basically turns your desktop or laptop into a music server or a digital-to-analog converter,"
HILLARIOUS. I won't even begin to..
"The most popular music server among audiophiles, according to Bliss, is an Apple Mac Mini."
This is beautiful. I am not surprised in the least to see this audiophile-appleophile overlap.