Let's say I invent a better connector tomorrow. Nobody other than me really knows if it's better or not. The only way for me to convince people is to get it out there in the market so people can try it.
How does that work by voting or any other democratic activity?
Others will be unconvinced that it's really better, for the same reason people are skeptical of startup ideas until they become mainstream. So nobody will want to update the standard. So I couldn't release it in the market to prove that it's better, because that would be "lock-in". And the idea would die.