Thanks to better manufacturing techniques, engineering analysis, and the fine humans in management, we have gotten really good at barely building a machine that lasts just long enough to be out of warranty.
Increase in precision (materially and economically) then leads to rebound effects; higher precision should lead to lower material flows, but the opposite happens because the technological progress broadens the market when possible
Also imprecise engineering tended to overbuild things.
Thanks to better manufacturing techniques, engineering analysis, and the fine humans in management, we have gotten really good at barely building a machine that lasts just long enough to be out of warranty.
Increase in precision (materially and economically) then leads to rebound effects; higher precision should lead to lower material flows, but the opposite happens because the technological progress broadens the market when possible