How much longer will the gif last?

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After AVIF, APNG, and others that do it better and with more optimized file sizes? Anything in .gif is more than 5 MB and it’s very hard to optimize.

How long until it disappears just like .jpg and .PNG after the emergence of .webp?

End of the gif on the internet

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The good thing about .gif is its practicality. Several services have already been using it for years. Giphy, Tenor (here on the forum), etc. I really doubt any of them would want to convert that much material.