How a new HTML element will make the Web faster.
Increasing hardware capabilities and bandwidth, though helpful and readily accessible to some, are not the answers to a faster Internet according to an article by Ars Technica on the current state of the Web. The standard web page (taken from an average of the top 1000 sites) is 1.7MB in size with image files consisting of nearly 1MB of that 1.7MB.
Due to this–but also due to the rise of mobile Web browsing–there have been calls for reform. One of those proposals is to create a new HTML element <picture>, however, implementation of it is another.
For more information, check out this article by Ars Technica.