Tuesday, July 22, 2014

Disintermediation













From Google's dictionary response:
  1. reduction in the use of intermediaries between producers and consumers, for example by investing directly in the securities market rather than through a bank.

  2. Companies like Travelocity, Priceline, and other travel agencies are just one example of this disintermediation. We as a people are moving further and further away from needing the "middle-man" which in my opinion is one of the best things that could happen for consumers. While we miss out on interacting with a real human being we can leisurely use services for a much cheaper cost. If you take Moore's law into account this is only going to become easier for other services so I only see this growing in the future. 

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