Automation eliminates value but not risk: Difference between revisions

{{a|design|}}If you can automate something, you can’t monetise it. You automate, therefore, as a ''defensive'' strategy: because everyone else is automating, and if you don’t, your unit cost is higher. But (rigorous and competently executed) automation can remove ''micro''-risks — risks that are intrinsic/internal to the process being automated; you can iron out the inconsistencies, foibles and errors of the [[meatware]] — but not the extrinsic risks that arise from the interaction of your new automated process with the outside world. those are [[emergent]] risks, impossible to see at the level of the process (certainly when a machine is carrying out that process), but that are a function of [[complexity]].