ASK S&V

Find out for yourself, you are going to like this.
Go to you tube, and play any music video, then look for that same music track or video on high res, flac, lossless wma or dsd.
use search, you wont find high res audio unless you search for it.
And play it in your receiver, if you don't hear any difference. You die and you just don't know it.

I agree ...... They should start playing 24/96 and 24/192 music in the nursing homes ....... How about 32/384 and DSD 1024 music? :-) ..........

All those retired orchestral musicians, band members, studio musicians, recording engineers, acousticians, sound engineers, and audiophiles, to name a few, will appreciate the sound that more closely resembles the performance. They don't have to hear every frequency range to hear the difference between a more compressed presentation, and one that sounds more natural.

Any musician or good instrument player, can notice the difference.
No matter how much you hear, you know what is good and what is not.
As an ex musician, who play live for many years I have loss hearing in my right ear, on the border of using a hearing aid. Stephen Still, lost all hearing in one ear and 70 0/0 in the other and still play in live concerts.
I am an audiophile, and I know and notice the difference in hearing in my ear. Went to doctor have an audiometry test.
Then went home and with a frequency generator, equalize my speakers in my receiver to my hearing, very easy to do, custom mode 1 in receiver. HA - no matter how old, good is good, you just have to have train you ears.
https://hearingtest.online
Go here and not a pro test but good for a guide.

If you don't know, how you hear and don't have music training, how do you know if it's good, In all forms of Art's there is a saying called " The irrefutable fact" and that's is "I like it!" - but that does not mean you are right!

You don't need perfect hearing to hear the differences between compressed and uncompressed recordings.

With regard to hearing loss, it's not merely a matter of protecting your hearing. Even if you do a very good job, you will lose some of your high-end perception over time, in the same way that you will lose some of your visual acuity, muscle strength, your skin will wrinkle and your hair will grey. We all age.

Most men by the age of 40 will not be able to perceive frequencies above around 18kHz - for women it's typically a little higher. Men who have been exposed to a lot of loud sounds due to their work environment or recreational activities might see that fall as low as 13kHz by 40.

I encourage any older men who are reading this and thinking "not me my hearing's great!" to go see an audiologist and have your hearing tested. You might be surprised at what you cannot hear.

16/44 recordings will capture audio frequencies up to 22kHz. Most speakers will not produce frequencies above 20kHz, and no meaningful information occurs above those frequencies. While the highest octave (11-22kHz) will experience some aliasing at 16/44, which does not occur at 24/96 recordings (as 44kHz will only sample a 20kHz frequency twice per second, while 24/96 is taking over four samples per second), very little actual meaningful information occurs in these frequencies, and most people won't notice if they're removed completely, let alone that there's some sampling artifacts.