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[[File:Corporate etymology.png|alt=Corporate etymology|thumb|The origin of the word "Corporation"]] | [[File:Corporate etymology.png|alt=Corporate etymology|thumb|The origin of the word "Corporation"]] | ||
'''A machine is a collection of interlinked tools that channel energy | '''A machine is a collection of enclosed interlinked tools that channel energy into producing a desired function. This may be as simple as cogs in a drill press making holes or employees working in a [[corporation]] to make profit.''' | ||
Machines | Machines are powered by energy and use a function to convert raw materials into outputs. The drill press uses electricity to make, a productive output (''internality - holes'') and a waste output (''[[Externalities|externality]] - wood shavings''). | ||
As the ownership of the first simple machines | As the ownership of the first simple machines were primarily concerned with the increase of productive output, machines were placed together to form more productive units. For instance, a drill press can add a conveyor belt to bring in more wood a collective of machines in one enclosure is called a factory. | ||
== Machine Intelligence == | == Machine Intelligence == |