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The Disintermediation Of New Technologies
By Kadence Buchanan
In economics, disintermediation is the removal of intermediaries in a supply chain. Disintermediation is often the result of high market transparency, in that buyers are aware of supply prices direct from the manufacturer. As a result, buyers bypass the middlemen (wholesalers and retailers) in order to buy directly from the manufacturer and thereby pay less. Buyers can alternatively elect to purchase from wholesalers, but most often, a buyer-to-consumer intermediary functions as the bridge between buyer and manufacturer. A few years ago, scholars wrote that the Internet would "disintermediate" industries or eliminate middlemen. Instead, the lower cost of selling over the Net and its immense appeal have produced even more middlemen, which helps explain the success of the search giant Google and the online marketplace eBay.
Technology offers a vast variety of different choices to the end user and the social implications of their adoption create the appropriate atmosphere for people to debate their usefulness and consequences. But whether one is a supporter or an opponent of this technological evolution, the new reality introduced by the adopted technologies surpassed the creators' intentions and emerged into this new "real" world in which relationships evolve, people exchange information, work or even develop themselves
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as citizens. At the same time, word abbreviations, images, Avatars, icon-bars, virtual reality games or weblogs, are some of the multiple ways with which new technologies have altered the way people interact and have managed to create new subcultures and representations of reality. The adopters of these communication methods relate heavily on the existence and improvement of the used medium, as it must continue to incorporate the advances of other practices and continuously be updated. Since these recently adopted technology-based practices experience tremendous success, especially among young user groups, their adoption entails opportunities and threats similar to their predecessors. Contemporary technology evangelists support the proliferation of technological innovations, along with the extensive usage of these new types of technologies, ideally by the whole world, in order to satisfy the human quest for interconnectivity and belongingness. On the other hand, opponents of this view suggest that these technological breakthroughs are just another type of "imprisonment" and that will further reduce leisure time, decrease direct face-to-face contact, and will create human "islands." Evaluating the effects of changing communication forms and the development of additional channels over the recent years, along with how these developments have altered one's understanding about oneself, has been the topic of research in a variety of studies. Human history is full of numerous examples of clash and integration through which a more advanced synthesis was born. Thus, the issue remains not to cease the questioning and the criticism so as to avoid the uncomfortable "battle zone," but rather to use this criticism constructively and examine the new technological evolutions under the scope that they actually constitute the new tools to evaluate the future implications of today's human praxis. Article Source: http://www.articlerocket.com Kadence Buchanan writes articles on many topics including Science, Education, and Nutrition
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Western Insurance Bldg. sold
The Western Insurance Building on Bridge Street in Fort Worth has been sold to New York investment firm Navika Capital Group.
CBS 11 prepares analog shut-off tests
A government-mandated transition from analog to digital television has CBS 11, or KTVT/KTXA Television, preparing for the change.
Delta to cut capacity and jobs
Delta Air Lines Inc., which provides passenger service at Dallas/Fort Worth International Airport, will trim its capacity by up to 8 percent in 2009 and suggested more jobs cuts may be on the way due to the global economic slowdown and softening traffic. (DAL)
Ford CEO will work for $1
Ford Motor Co. is telling Congress it expects to at least break even in two years under a business plan that seeks, if necessary, $9 billion in bridge financing from the federal government. (F)
Dallas cracks down on uninsured drivers
Drivers stopped for a traffic violation will be towed beginning Jan. 1, 2008, if they fail to show police officers proof of insurance, the City of Dallas said this week.
Atmos appoints VP of corp. development
Natural gas distributor Atmos Energy Corp. has appointed Charles Davis Jr. to the position of vice president of corporate development, to help the company focus on internal and external growth. (ATO)
Southwest?s traffic down in Nov.
Southwest Airlines Co. said Tuesday its November traffic, or revenue passenger miles -- a measure of each paying passenger flying a mile -- dropped from 5.7 billion to 5.3 billion in November. (LUV)
Blockbuster to sell concert tickets
Movie and game entertainment company Blockbuster Inc. is branching out and aligning itself with Live Nation, one of the largest marketers and providers of live concerts. (BBI)
Commercial debt collector: Business is up
From his office in Plano, Jerry Curtis knows the economy is taking a toll on businesses of all sizes.
Former Dallas city councilman, Jerry Bartos, dies
Jerry Bartos, a former Dallas City Council member who also served on the school board, died Friday at the age of 75, according to <em>The</em> <em>Dallas Morning News</em>.
Western Insurance Bldg. sold
The Western Insurance Building on Bridge Street in Fort Worth has been sold to New York investment firm Navika Capital Group.
CBS 11 prepares analog shut-off tests
A government-mandated transition from analog to digital television has CBS 11, or KTVT/KTXA Television, preparing for the change.
Delta to cut capacity and jobs
Delta Air Lines Inc., which provides passenger service at Dallas/Fort Worth International Airport, will trim its capacity by up to 8 percent in 2009 and suggested more jobs cuts may be on the way due to the global economic slowdown and softening traffic. (DAL)
Ford CEO will work for $1
Ford Motor Co. is telling Congress it expects to at least break even in two years under a business plan that seeks, if necessary, $9 billion in bridge financing from the federal government. (F)
Dallas cracks down on uninsured drivers
Drivers stopped for a traffic violation will be towed beginning Jan. 1, 2008, if they fail to show police officers proof of insurance, the City of Dallas said this week.
Atmos appoints VP of corp. development
Natural gas distributor Atmos Energy Corp. has appointed Charles Davis Jr. to the position of vice president of corporate development, to help the company focus on internal and external growth. (ATO)
Southwest?s traffic down in Nov.
Southwest Airlines Co. said Tuesday its November traffic, or revenue passenger miles -- a measure of each paying passenger flying a mile -- dropped from 5.7 billion to 5.3 billion in November. (LUV)
Blockbuster to sell concert tickets
Movie and game entertainment company Blockbuster Inc. is branching out and aligning itself with Live Nation, one of the largest marketers and providers of live concerts. (BBI)
Commercial debt collector: Business is up
From his office in Plano, Jerry Curtis knows the economy is taking a toll on businesses of all sizes.
Former Dallas city councilman, Jerry Bartos, dies
Jerry Bartos, a former Dallas City Council member who also served on the school board, died Friday at the age of 75, according to <em>The</em> <em>Dallas Morning News</em>.
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