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 | {{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 — it is [[Unconscious bias|hard not to]] — these are [[heuristic]]s — rules of thumb, top 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. | ||
{{Sa}} | {{Sa}} | ||
*[[W. Edwards Deming]] | |||
*[[Heuristic]] | *[[Heuristic]] | ||
*[[Algorithm]] | *[[Algorithm]] | ||
{{Ref}} | {{Ref}} | ||
Revision as of 11:57, 22 February 2021
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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 is not. To be sure one can generalise about people — it is hard not to — these are heuristics — rules of thumb, top 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.