Goemon_
The Living Force
That brings to me the memory of Elizabeth Anne Holmes blood test scam.There is also what could be called model hubris (a map is not the territory). Traditional manufacture is based upon experiments and experience. Most graduates today rely on computer models to build everything. These models are useful as a first step even with tolerancing, because some parameters (and assumptions) are approximate and need refinement through experiments if the thing being built is delicate. For instance, there are approximate models for material fatigue, but in the end, competent industries do the experiments: they take the material through cycles of stress (exceeding the expected ranges of operation) and see how different batches evolve through time. One of my favorite books in a certain area of engineering, made by a veteran in the field, contains a chapter of bloopers on how millions of dollars were lost because some small details were ignored or neglected. Fortunately none of these examples cost lives. Practical know-how (techne knowledge) cannot be taught in theory at a university or through a textbook, which is why people who have gone through learning from practical mistakes are invaluable. In an era of de-industrialization (and 3d-printers), such a know-how becomes rare, and maybe someday some of it will just disappear, until new errors are made again.
From wikipedia:
Elizabeth Anne Holmes (born February 3, 1984) is an American former biotechnology entrepreneur who, in 2022, was convicted of fraud in connection to her blood-testing company, Theranos.[2] The company's valuation soared after it claimed to have revolutionized blood testing by developing methods that needed only very small volumes of blood, such as from a fingerprick.[
Some said at the time that among the people who invested in this where smart and wealthy people from the tech world or something.
This kind of people, however smart might they be, to put it simply, spend to much time in front of there computer and lack the common sense that they could acquire "IRL".