Going back to who said what. Well I'd say that those saying / writing those things in eg 60s / 70s or actually believing the "Perfect Sound" hype of early 14 Bit CDs and players were often not knowledgeable about audio or just plain wrong.
Nope, they just looked at numbers and considered that the numbers were much better than those for "analog" systems.
What they missed (and many mss even miss today) that whole lot of terminology was changed and redefined.
We went from "0dBVU" which for LP is 14dB below agreed limits (5cm/S vs 25cm/S) with both cutters and pickups having headroom past this to "0dBFS".
Now some people missed that "96dB dynamic range" is actually a bit misleading.
With 65k values, we can only use 32k values per polarity, so a "16 Bit Audio System" is actually a signed 15 Bit Audio system. So it actually cannot do 96dB, only 90dB.
By no longer referring to an arbitrary reference level significantly below the allowable maximum, the SNR was inflated.
Once we actually normalise all of this we find that if we define SNR like LP, CD only manages 76dB. This is still greater than any analog system, but by a lot less than it appeared or rather was made to appear.
Worth considering the emphasis on environmental acoustics in studio environments in contrast to typical domestic settings.
Turning a living space into an acoustically treated room is expensive and is usually not conductive to a comfortable living environment.
Logic (which seems mostly absent in audio) would suggest that one should design speakers such that can be easily placed in normal living environments, preferably visually blending in and having a directivity, frequency response etc. conductive to offering high quality audio without the requirement for acoustic treatment etc.
It is not even that hard to do.
Siegfried Linkwitz did a fair bit of work in this area - something for which I'm even willing to forgive him for his part in foisting this absurd and unnecessary even order crossover onto the world, where a 3rd order butterworth would have been a MUCH better choice for MOST applications and an "infinite slope" (elliptic) type where a 3rd order Butterworth is not.
Still, most speakers are made literally "CONTRA LEX NATUREM", so we fight to make an inappropriately designed speaker by taking a perfectly appropriate living and listening environment and turning it into a much less appropriate one.
Thor