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# A '''waste output''' called an ''[[Externalities|externality]]'' such as wood shavings or waste. | # A '''waste output''' called an ''[[Externalities|externality]]'' such as wood shavings or waste. | ||
When the first machines were created, their mechanisms were further refined by their owners as to increase their productive output. For instance, | When the first machines were created, their mechanisms were further refined by their owners as to increase their productive output, by increasing efficiency with automation. For instance, the first drill presses were hand cranked, which when converted to electricity this increased machine autonomy. Another what to in increase machine autonomy was to place multiple machines into an enclosure which is called a ''factory''. | ||
[[File:Difference engine.jpg|alt=Difference engine|thumb|Figure 2. The first computer. Babbage's 1882 Difference Engine.]] | [[File:Difference engine.jpg|alt=Difference engine|thumb|Figure 2. The first computer. Babbage's 1882 Difference Engine.]] | ||
This stepping up of complex systems is also comparable to the world of computers. The first computers took their energy from manual cranking, which processed information into other kinds of information (productive output) via a function with cogs (Figure 2) with the externality being the CO2 in the crankers breath. Computer mechanisms were further refined in being powered by electricity and the cogs being replaced with virtual parts called algorithms. Many different algorithms came together to make the modern operating system which is the equivalent to a virtual factory. | This stepping up of complex systems is also comparable to the world of computers. The first computers took their energy from manual cranking, which processed instead of physical inputs, processed information into other kinds of information (productive output) via a function with cogs (Figure 2) with the externality being the CO2 in the crankers breath. Computer mechanisms were further refined in being powered by electricity and the cogs being replaced with virtual parts called algorithms. Many different algorithms came together to make the modern operating system which is the equivalent to a virtual factory. | ||
The last hurdle for the owner to improve the factory, computer or the corporation is for it to run itself. | The last hurdle for the owner to improve the factory, computer or the corporation is for it to run itself. |