I was assigned to watch this for my college audio-editing class, and I found this quite an informative video! I have learned several new terms today: sample rate, bit depth, and bit rate, as well as some other terms.
Thank you for this very detailed and quick explanation. I have watched tons of videos and none of them explained it as well and concise as you. Please start making more videos on Audio.
Digital sound is not improved by higher bit rates. A sound is NOT a picture and sound is not reproduced by 'joining the dots'. More sample points do not lead to more detail. A wave is reconstructed using maths, it will be perfect at any bit depth. More bits simply means less noise. Higher sampling rates affect the highest frequency you can capture in a band limited signal. Read up on the Nyquist–Shannon sampling theorem.
Sadly more bits does not capture more sound detail. More bits affects the noise floor. The more bits, the less noise or the noise is lower. Pictures and sound are two completely different things. Sound is recorded by math equations. Simply the maths always add up to one solution. The sound is captured perfectly but the quantising (bit depth) adds errors which adds noise. The noise on a 16 bit recording is too low to hear unless you boost it to deafening levels.