Surprisingly clear slide deck, dated May 2021, explaining the status of OpenPrinting, CUPS, etc.
https://ftp.pwg.org/pub/pwg/liaison/openprinting/presentations/cups-plenary-may-2021.pdf

Slide 15 is what really hits for me:
Quote:
Deprecations - Printer Drivers
  • a Why deprecate printer drivers?
    • At least 98% of all printers sold since 2010 support IPP, Apple/PWG
      Raster, and JPEG; many (about half) support PDF
      • Holdouts are industrial label printers and certain vertical market
        printers
  • PPDs and drivers have been holding us back from offering a better user
    experience (ready media, localization, full range of printer options/
    values), improved document processing, and improved accounting
    • PPDs and drivers are a security and distribution nightmare

And, of course, this printer was originally shipped in 2010, so probably before all of this standardization happened.