I think these days I have become an Engineer/Philosopher. Although I believe most engineers are like that. On the one hand an Engineer must abide by absolutes. Being right enriches people's lives but being wrong can bring catastrophe. The philosopher side is our pressure relief valve because it is abstract and therefore has no right or wrong. But over time some abstract concepts can develop into ideas and then into products.
The concept of value is abstract. The engineer side of us wants to quantify value based on concrete terms like costs of material, development, overhead, etc and ultimately performance and reliability.. But the market determines value in different ways. When left brain people say a 1/4 million dollar speaker is not worth it, they miss the point entirely. When a right brain musician buys a coveted musical instrument for a 1/4 million dollars they are thrilled and people admire them for it. I was watching a PBS special in the 1980s of a concert featuring a renowned flutist . After the concert the interviewer handed the flutist a cheap recorder and asked him to play a tune. He made that recorder sound amazing. Could it replace his expensive, very special flute? Of course not.
The concept of value is abstract. The engineer side of us wants to quantify value based on concrete terms like costs of material, development, overhead, etc and ultimately performance and reliability.. But the market determines value in different ways. When left brain people say a 1/4 million dollar speaker is not worth it, they miss the point entirely. When a right brain musician buys a coveted musical instrument for a 1/4 million dollars they are thrilled and people admire them for it. I was watching a PBS special in the 1980s of a concert featuring a renowned flutist . After the concert the interviewer handed the flutist a cheap recorder and asked him to play a tune. He made that recorder sound amazing. Could it replace his expensive, very special flute? Of course not.