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Actually never heard of JPEG XL, but i would prefer it for the promise of backwards compatibility alone. There are still programs and sites that don’t support using AVIF (much less WEBP ptui!).
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That’s not at all what backward compatibility is. What you’re saying is that a PlayStation 2 isn’t backwards compatible because a PlayStation 1 can’t play PlayStation 2 games; it makes literally no sense.
That’s not backwards compatibility, what you described is forwards compatibility (Which is a thing, but not very common)
Backwards compatibility is meaning that anything built to support JPEG XL will be able to render “classic” JPEG just fine without any extra effort