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> it's not obvious that numerical algorithms would in general play nice with it

Perhaps. Some algorithms in numerical analysis are only "backwards stable" as opposed to forwards stable. This includes all possible algorithms for things like Singular Value Decomposition. See: https://mathoverflow.net/questions/369930/why-is-uncomputabi...

> With the world going more and more the route of ML, efficiency of numerical algorithms is not a secondary concern.

ML is going in the direction of very low precision floating point numbers, like 16 bit floats. High precision doesn't seem to matter there.



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