Shipping hard drives costs more than the labor to make them
Thomas Friedman’s seminal book The World Is Flat may need an update. What happens when the cost of transportation outweighs all others in the global value chain?
For hard drives at least, shipping costs more than labor, according to Seagate CEO Bill Watkins.
In the Googlization of our society, it’s easy to miss the fact that all of those ideas are housed on physical machines that are created the old-fashioned way – they’re manufactured.
How will the global technology manufacturing value chain adapt as expensive energy changes the physical world as the internet changes the information world?