Machines are fungible: Difference between revisions

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{{a|devil|}}[[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]]. <Ref>Though it might be blown out by transport costs and material qualities, not to mention variability in the meatware]].</ref>Machines are totally fungible. The [[meatware]] is not. To be sure one can generalise about people, these are [[heuristic]]s.
{{a|devil|}}[[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]]. <Ref>Though it might be blown out by transport costs and material qualities, not to mention variability in the meatware]].</ref>Machines are totally fungible. The [[meatware]] is not. To be sure one can generalise about people, these are [[heuristic]]s.
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*[[Heuristic]]
*[[Algorithm]]
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