I console myself with knowledge of the economics maxim that every supply shortage is usually, eventually, followed by a supply glut.

One can only hope that that's the principle at work here, anyway. It could also be a critically damped system for all I know. Unfortunately I studied control systems too...

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Ekaros 4 hours ago | parent | next [-]

If storage and memory manufacturer don't respond with increasing supply. There might not be glut. Just postponed demand that will slowly get fulfilled over longer period. That is if we were in steady state.

On other hand if there is bigger economic turmoil that might mean that the postponed demand does not realise as there is no purchasing power...

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bluGill 4 hours ago | parent | prev | next [-]

I was thinking than until my NAS gave me a error on one of my harddrives, now I'm in the market for a replacement while I still have redundancy

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xpe 4 hours ago | parent | prev [-]

People with a control theory background are welcome in economics; the field is more diverse than some would recognize. Certain professions and subfields are more open than others. There are plenty of economists who care about things like resilience and dampening shocks.

I would love if more non-traditional economists got involved in the public sphere by which I mean: writing about economic trends, public policy, regulation, rate-adjustment, etc.

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soulofmischief 3 hours ago | parent [-]

As an engineer with a passing control theory background and a breadth of general knowledge, I'd love to explore this space more and find a way to apply my knowledge and share the results. Are there any particular problems you think well-suited to this treatment?

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xpe 2 hours ago | parent [-]

If you have a policy area you like you might start there. From my lens, here are some interesting ways to look at political economy from a broader point of view: economic disruption from AI (could be from energy prices, labor substitution, and lots more), climate modeling and its impacts on economies, conservation and ecosystem stability, and economic growth under different levels of inequality. I would add this to the mix even though it isn't a typical economic area: geopolitical destabilization from autonomous weapons, both physical and cyber.

	▲	soulofmischief 2 hours ago \| parent [-]
		Those are definitely all areas of interest for me as well. Thanks for the pointers. Do you write anywhere?