Chris Betcher

One of the side effects of the new web is greatly increased disintermediation , or cutting out the middleman.  It seems that everywhere you look, entire industries are being turned upside down because the web makes it so easy for people to completely bypass the traditional "middlemen" that we all used to rely on so heavily.  Musicians are bypassing record labels and releasing their music directly to their fans.  Authors are bypassing publishers and using services like lulu.com to self publish. Homebuyers often know just as much about the real estate markets as the agents.  Ordinary people can buy and sell shares without the need to go though expensive stockbrokers.  In all of these processes (and many others like them) unless the middlemen add real value along the way, they face eventual extinction.  Why would you continue to pay someone to do something that you can just as easily do yourself? This disintermediation seems to be obvious in three main areas.....