Catastrophic loss of precision is, as the name implies, catastrophic in terms of the calculation context. For scientific/engineering codes, and things requirin

Catastrophic loss of precision is, as the name implies, catastrophic in terms of the calculation context. For scientific/engineering codes, and things requiring a preservation of resolution for proper functioning, FP32 is rarely sufficient. FP64 is usually better. For ML/AI apps, resolution isn't nearly as important.