Technology does not have to be incorporated into a machine. It can be in form of a idea, a new way of things.
Technology is a powerful force in increasing productivity.
Much of the new Technology of Industrial production, like automation and robots is introduced by small companies built around one invention. Compton's Encyclopedia 1986, level 11, pg. Perhaps every scientific and technological advance comes with a price to pay. It is a good morning exercise for a research scientist to discard a pet hypothesis every day before breakfast. It keeps him young.