i think hi res is for professional work. If you’re going to process, modify, mix, distort the audio in a studio, you probably want the higher bit depth or rate to start with, in case you amplify or distort something and end up with an unintended artefact that is human audible. But the output sound can be down rated back to human levels before final broadcast.
O couse if a marketing person finds out there is a such a thing as “professional quality”. . . See also “military spec”, “aerospace grade”