I didn't say there should be a committee for anything, only that when the market decides that x thing is going to be replaced by y thing, that isn't happening based on what's objectively better but on factors like profit margin and marketability. Capitalism likes to replace perfectly good stuff because it's easier to sell exciting new stuff than boring old stuff. That doesn't mean that the new stuff is always better, it's just how the system works.
Profit margin and marketability on mp3s was way worse than any physical format until long after mp3s had become firmly established as the people’s favourite.