When would you use lossy compression?

Related questions

1. How do I compress a JPEG without losing quality?
2. How can you reduce the size of a JPEG?
3. What is the size of 50 KB photo?
4. Which compressions provide some loss of quality?
5. How do I reduce a JPG file size?
6. What does jpg stand for?
7. Is JPG lossy or lossless?
8. How do I compress JPEG files?
9. How do I compress a JPEG to 100kb?
10. How do I decrease the size of a GIF?

Tags

1. #smaller
2. #degrees
3. #greater
4. #files
5. #lossy
6. #pixels
7. #compressed
8. #number
9. #waves
10. #formats
11. #sound
12. #video
13. #examples
14. #widely
15. #audio
16. #removed
17. #methods
18. #original
19. #image
20. #provide
21. #forever
22. #frames
23. #compression
24. #result