The hidden supply chain costs of the AI boom
Today, I’m talking with Willy Shih, an economist, a professor of management practice at Harvard Business School, and the author of the upcoming book, Where Does My Stuff Come From? The Powerful Economics Behind Global Supply Chains. Willy is one of my all-time favorite Decoder guests — his way of looking at the world through […]
Economist and Harvard Business School professor, Willy Shih, discusses his new book, "Where Does My Stuff Come From?" The book delves into the economics behind global supply chains, particularly in light of recent disruptions caused by the pandemic and political tensions like Trump's tariffs. Shih points out that market forces are responding to these challenges, with manufacturers seeking alternative assembly locations to circumvent tariffs.
He explains that the structure of supply chains is driven by economic principles, such as cost efficiencies and logistical considerations, even when goods are labeled as originating from specific countries where they were not produced.
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