• 0 Posts
  • 7 Comments
Joined 1 year ago
cake
Cake day: June 29th, 2023

help-circle


  • I’m an engineer. I use all of it. I use it whether I’m writing technically correct and accurate forensic reviews or doing math in my head (or on paper) to analyze a condition in real time or checking a complex finite element model to ensure that there are no improper assumptions or invalid boundary conditions. AI/ML is really useful for some things, and deadly for others.

    Rote memorization may seem unnecessary, but a mental catalog - whether it be quotes, body parts and systems, equations of natural phenomena, or even manufactured parts and specifications - is the hallmark of someone who can work independently in a real time industry. It may not matter for some jobs, but it’s make or break in others.



  • Yet. Infrastructure on this scale moves slowly and the transparentness of pricing changes on short time lines in physical stores is hard to track. It exists in emergency economies - we call it price gouging - but that’s usually quite obvious. The idea of dynamic pricing has existed forever - hotels, airline flights, movie tickets, taxi rides, even electric rates. As technology advances it offers the opportunity to use the technology to shorten the time window for pricing changes more and more. An extra two tenths of a percent profit seems like a trivial amount. Amazon and Walmart combined for more than a trillion dollars in sales last year. 0.2% is a very non-trivial $2 Billion. If it becomes available, it will be exploited.