It would be cool if one day (if not already today?) you could use AV1 as a drop-in replacement for h264 for recording with OBS, smoothly editing without proxy clips and rendering out highly disk size efficient videos that look good.
DaVinci Resolve's free version on Linux does not support h264 but apparently does support AV1. Kdenlive supports both. AV1 sounds like it would be a great solution for Linux if the above is possible.
For what it's worth, AB-AV1 [1] is a pretty awesome tool written in rust which compares random samples from a file at different parameters based on their VMAF score [2] (algorithm from Netflix for human-perceived visual likeness), choosing optimal parameters to save as much space as possible with the loss you're willing to stomach, on a file-by-file basis.
Small plug: I made a nice little python GUI wrapper for ab-av1 [3].
[1] - https://github.com/alexheretic/ab-av1 [2] - https://github.com/Netflix/vmaf [3] - https://github.com/Loufe/AB-AV1-GUI
Every form of lossy compression deleted data. Yes AV1 is more efficient but only when working off of high quality originals.
H265 already deleted a ton of data. It can never recover the quality loss. Compressing even further can only worsen the image.
The most common “artifact” of AV1 is to make things slightly more blurry for example. A common H.265 artifact is “blockiness”. I have re-encoded H.265 to AV1 and not only gotten smaller files that playback better on low-end hardware but also display less blockiness while still looking high-resolution and great colour overall.
I always encode 10 bit colour and fast-decode for re-encoding to AV1, even if coming from an 8 bit original.
As long as you are going from high quality sources, you should be fine. The issue is each transcoding step is a glorified loop-(find something we think humans can't see and delete it)
In other words: the AV1 encoder in your example works by finding 47GBs of data TO DELETE. It's simply gone, vanished. That's how lossy compression works, delete the right things and save space.
In my experience, this often deletes purposeful noise out of animation (there are often static noise / VHS like effects in animation and film to represent flashbacks, these lossy decoders think it's actually noise and just deleted it all changing the feel of some scenes).
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More importantly: what is your plan with the 50GB BluRays? When AV2 (or any other future codec) comes out, you'll want to work off the 50GB originals and not off the 3GB AV1 compressed copies.
IMO, just work with the 50GB originals. Back them up, play them as is.
I guess AV1 compression is useful if you have a limited bandwidth (do you stream them out of your basement, across the internet and to your phone or something? I guess AV1 is good for that) But for most people just working with the 50GB originals is the best plan
Maybe if you're going to a lower resolution it would be fine (ie: going from 4k 265 to 720p AV1).
I started looking into converting stuff to AV1 but only confirmed that my gpu doesn't support AV1 but does support hevc so I stopped there...