16-bit is absolutely fine (again)
- just like lossy compression as stated in many ABX tests and the science and research behind it in general For mixing, editing and such stuff, working with actual, multi-track raw material - a very sophisticated minority cares. And those are either Hollywood productions, production studios and the likes.
There is some talk that the 65,000 different values of 16-bit are not enough, because there might be roundings (up or down) happen, but that is
absolutely inaudible. Then there is basically the theorycrafting on inaudible things such as "if you add this and that filter, it can distort all the way down to the source" and all that, but inaudible issues having minor inaudible alterations that are dithered away during finalization is nothing but ridiculous. We all listened to compact cassettes and 8-tracks, to FM radio (and recorded onto compact casettes) and many listened and still listen to vinyls. All of these are
inferior to the CD. And now people claim you "need"
MORE than CD standard? Noise floor is IIRC -96db, so you gotta pump up the volume so unrealistically high up.
More than 16-bit / more than 48kHz is like a car salesman claiming you need a car that goes 300 kph while the speed limit of the roads is 180 kph anyways. (Same with lossy compression btw, it goes into the same direction but I do not have a problem people using FLAC to avoid filter rules even though barely audible. That still makes sense, even to me
However, I do have a "problem" with people that really go so deep down a rabbit hole that invalidates science just for the sake of big numbers.)
CD standard - 16 bits and 44kHz - is all you need. The engineers back in the day chose those for a reason. The inauble (!) differences are dithered away upon finalizing the audio information. As end-user [no remixing et cetera] this matters even less.