Machines are fungible

From The Jolly Contrarian
Jump to navigation Jump to search
Planned obsolescence, yesterday.
In which the curmudgeonly old sod puts the world to rights.
Index — Click ᐅ to expand:
Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Machines are fungible: you can engineer the same machine and get the same results anywhere in the world. The difference in operating cost between the same piece of machinery here and there — essentially the difference in real estate and energy inputs — is an opportunity for arbitrage.[1] Machines are totally fungible. The meatware which operates it is not. To be sure one can generalise about people — it is hard not to — these are heuristics — rules of thumb, to be used provisionally and in the absence of better intelligence — and if we treat them as immutable rules on which we may rely we are asking for trouble.

See also

References

  1. Though it might be blown out by transport costs and material qualities, not to mention variability in the meatware.