Meta page describing Gwern.net website design experiments and post-mortem analyses.
The srcset image optimization tries to serve small images to devices which can only display small images to speed up loading & save bandwidth.
After 3 years, it proved to be implemented by browsers so poorly and inconsistently as to be useless, and I had to remove it when it broke yet again.
I do not recommend using srcset, and definitely not without a way to test regressions. You are better off using some server-side or JS-based solution, if you try to optimize image sizes at all.