That only applies if you have a perfect master.
If you want to listen to a song mastered for CD, unless it’s 24/192, it’ll likely clip at several points.
Which is about 90% of songs today.
And if you want to remix the song, or use an equalizer, or other effects, you’ll also want 24/192.
And nowadays the ultrasonic effects he describes don’t even affect mobile phones anymore, and storage is plenty – making the disadvantages he describes moot.