I would find it useful to remember more of the names for things than I do. Often I can implement something and may have done so many times before without knowing its name, or that it had one.
Which can become an issue when talking to colleagues or other developers, or as I experienced last year, during job interviews. Where it was only after the interview that I Googled a phrase and realised that I did in fact know how to do thing X, I just didn't know it had a name.
But I guess, generally, being able to do something is more important than remebering what it's called.
You might like to hear what Richard Feynman has to say on this topic.
Hah! I had this happen a number of times. Especially when self trained a lot of the official terms slip through.
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