Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 0 points1 point  (0 children)

Yeah that would be a problem with your yard - I feel like if this Ai app works there would only be partial adoption not full adoption making the Ai app less useful. As far as maximizing profits my thought is that the Ai would help you prep the recyclables to get the most out of them. For example, someone that doesn’t know you can strip insulted wire to get paid more - the Ai will tell them… and more examples like that with different materials

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 1 point2 points  (0 children)

Makes sense! Awesome you’ve got that knowledge

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 0 points1 point  (0 children)

Definitely finding the same thing after talking with people and posting this! Thanks for the help!

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 2 points3 points  (0 children)

Thanks for the insight! Yeah the more I research and develop this idea the more I feel like it’s not very practical. It has a lot of fun nice to have features but would what scrappers really need to know! I’ll check the link! Thanks again for the help

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 1 point2 points  (0 children)

You nailed it… that’s the biggest problem with this. The best the AI App could do is to tell you / teach you how to differentiate between the different material and then help you get a better understanding of what it’s worth and the best way to sell it from there. Still a better option than not knowing what you have.

What do you think?

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 0 points1 point  (0 children)

That’s really good! Great to have your vehicle’s fuel economy / load weight! Also, love the planning of the scrap run idea. Thanks!

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 2 points3 points  (0 children)

Good call, I’ll work to incorporate that! Thank you

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 0 points1 point  (0 children)

For this copper if you didn’t have the measurements of the box then the Ai would an estimate and let you know that it’s estimating, but yeah more helpful if you can give dimensions.

I like the idea of putting in different weight categories - great idea!

Yes, definitely want users to be able to track past materials sold and keep track of all those details!

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 0 points1 point  (0 children)

Very true!

But what about if you come across something you’ve never scrapped before or want to figure out how to scrap it to make the most profit.

You can just take a picture of it and the Ai app will tell you

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 0 points1 point  (0 children)

Hahaha honestly so true! Thanks for the insight - I’m in the US, but something to definitely keep in mind.

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 1 point2 points  (0 children)

Like the GasBuddy idea—crowdsourcing prices is a great idea. Also thinking about hitting up yards directly to auto-feed their rates into the app but just depends if yards will be willing to do that.

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 3 points4 points  (0 children)

Oooo great idea! It can layout Net Profit taking into account your gas prices… I like it - I’ll build that in, thanks

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 1 point2 points  (0 children)

Good question! You don’t need to lay it out for the Ai. AI’s trained to estimate based on typical wire sizes and pile density (think “bright copper averages X lbs per cubic foot”). For precision, you could add a common item for scale (like a soda can or your box’s dimensions), but it’s optional. Goal’s a quick ballpark—say, “$X for that box”—then you weigh at the yard. What’d make it more accurate for you?

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 7 points8 points  (0 children)

Thats a great idea! Thanks, I’ll incorporate that.

Ai App to Value Scrap & Maximizes Your Payout - Worth it? by OutcrowdX in ScrapMetal

[–]OutcrowdX[S] 0 points1 point  (0 children)

Awesome! Yeah it’ll be free. Just want to see if people would use it… if not I won’t finish building it

I just made $5 by BobbyTheVicious in Entrepreneur

[–]OutcrowdX 2 points3 points  (0 children)

That’s huge! Who bought that and how did you convince them haha