DAT, ADAT, Hi-8, MiniDisc and magneto-optical each solved one problem well enough to matter. Not one of them was replaced by a better version of itself, and the name that survived belongs to a connector.
Between the CD arriving and the computer taking over, there was a period of roughly fifteen years in which digital audio needed somewhere to live and no obvious place existed. Hard discs were too small and too expensive, and the CD was read-only. So a series of purpose-built formats appeared, each solving one problem well enough to matter.
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