Comment by overfeed
1 day ago
> For sure, but how do you know?
In actual engineering, one can work out the theoretical limits (strength, expansion, etc) and measure the current product's performance against the limits. A new widget-making machine or process cannot imbue widgets with physics-defying properties. Any fundamental improvements can only be made on the outside, auch as new alloys; but that would be an entirely different product, nor the one you've been selling for 40 years that your customers trust and love.
If you don't have a very good marketing department, I'll still kick you out of business if I can double or triple the amount of widgets I can make because I started with the same machines you did - but I upgraded them with better controls, attached a few robot arms and now run a lights-out widget factory tended by a fraction of the workforce you employ while you reminisce about the good old times...