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Disintermediation of Service Corporations

July 5, 2013

DISINTERMEDIATION of large, inefficient corporations underlies the so-called “sharing economy.” No longer will these corporate entities keep us apart when cheap, commercially omniscient platforms bring us together.

But people often don’t realize their own power. It’s amazing how the out-of-work, standing on the unemployment line (I did plenty of that with my musician-dad back in the early 60s) don’t communicate. While each individual has numerous skills aching to serve others, no one speaks. The Internet now broadcasts these skills.

Corporations often presume that only they can connect people with people, capital with people, and capital with capital. Wrong! Many innovative new websites connect peers with peers (P2P), rendering obsolete traditional corporations stuck with platforms that merely feed themselves business. P2P multi-platforms offer universal coverage.

If you think disintermediation is old news, confined to the banking industry, think again!

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