The Disintermediation Of New Technologies
Keywords: Technologies, science, buyer, manufacturer, social implications
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 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 up
dated.
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.
Kadence Buchanan writes articles for worldof-science.com - In addition, Kadence also writes articles for 4educationinformation.com and yournutritionsource.net
Previous Articles Highlighter:
The Wonderful World Of Motorcycles (1)
It is appealing for bike lovers as it has special graphics system, all new skid plates and more powerful engine that can make this bike race in all sorts of riding environments.
The Battle Between Click And Brick Universities (2)
Constructing a new physical and cyber space community, where people exchange ideas, interact via a variety of tools, learn about different cultures, increase their overall knowledge base, enhance their capabilities, and most importantly learn how to think critically while judging their role during this process, is the primary responsibility of contemporary universities; whether existing online or in a physical space.
The Truth Behind Advertising (3)
It can furthermore, alter the image of an existing product and act as a reminder mechanism. Finally, advertising acts also as a memorability mechanism through message repetition. Regarding new product launch, advertising is considered of vital importance as it can provide the necessary information to the targeted audiences and increase their awareness levels.
The Young Tiger Woods (4)
Amateur Championship three straight years. He won his first amateur in 1994 fresh out of high school, thereby also becoming the youngest to ever win the event. Before he reached the age of 20, Woods had won the USGA Championships five times.
Women In Science (5)
Moreover, there is no convincing evidence that women's representation in science is limited by innate ability. For example, between 1970 and 2003 a considerable 30 percent increase occurred in the proportion of Ph.D.'s granted to women in engineering.
Arguing For Paradise (6)
The reaction was not exactly what I expected to receive. Instead of happy faces and words of encouragement or even declarations from volunteers that they would help, people looked at me as if I had just landed from Mars and begun questioning my intentions.
American Football Gaining International Popularity (7)
For Super Bowl XL, held in Detroit, just across the border from the Canadian city of Windsor, the National Football League held special events specifically for Canadian fans including a special train that transported Canadian fans to Windsor to view the game at an arena there.
The Barbecue Experience (8)
College students organize barbecue parties frequently using any type of excuse; from announcing an event, like their college football team's victory to celebrating the end of those dreadful exam periods.
Cost Of Living As A Factor In Business Relocation (9)
However, when businesses consider relocating to less expensive, less congested areas of the country they have to consider access to a quality labor pool. There are many cities in the Midwest and South that are large enough to support a corporate headquarters, but often do not have the highly trained workforce that is required.
Tailoring - The Truth About Our Clothes (10)
It travels a long way from field to yarn to fabric to cloth and a lot more till it finally takes the form of what we slip into in a fraction of a minute.
Newer Articles Highlighter:
Throwing The Perfect Football Pass (1)
When it comes to the actual throw of the ball, it's recommended that you hold the ball with as tight of a grip as possible. This tends to aid the spiral's spin, making it easier to catch for the receiver.
How To Be A Good Little League Coach (2)
What does it take to be a good Little League coach? The number one virtue Little League coaches need to develop is patience. Children do not have the attention span or the discipline of adults and need to be constantly reminded about technique and sportsmanship.
Students Chip In To Help Katrina Victims (3)
The deadly hurricane Katrina caused irreparable damage to New Orleans and its surrounding areas, and many sympathetic college students stepped up to the plate to help those in need. Several different charities helped to organize the event which featured the students assisting in a multitude of ways, from cleaning up flooded elementary schools to helping rebuild roofs.
Airport Information For Hawaii (4)
But until then, you should better book your flight in advance and keep a copy of this article in hand. Jonathon Hardcastle writes articles for erecreationstation.com - In addition, Jonathon also writes articles for wonderfulworldoffood.com and livingtheoutdoorslife.com
The Ultimate Experience Of Tent Camping (5)
One third of U.S. adults say that they have gone on a camping vacation in the last five years, making it the number one outdoor activity in the U.S.
What Can I Expect To Find At A Boat Show (6)
Be aware that there may be restrictions on the type of shoes you must wear to be able to tour the inside of a boat. At the Ft. Lauderdale show, touring the larger yachts may mean removing your shoes completely!
Understanding The Basics Of Managerial Accounting (7)
In fact, moving away from a historical cost accounting perspective and towards a proactive cost management is the challenge that an enterprise has to face. Assigning the costs to a larger number of cost pools that better represent those activities that are responsible for their birth, portrays the general idea upon which future managerial accounting will evolve.
The Beauty Of Getting Older (8)
Actually, his plan to stay young is an inspiration for many, including myself, who have had a hard time copying with the fact that aging is not something one can actually avoid.
Pros And Cons Of Becoming A Nurse (9)
In many cultures, nursing is considered to be something between a hard profession and a meaningful cause. Focusing on promoting life and improving the quality of living for million of people around the globe, nursing has evolved from the special care and treatment nuns and military services offered, to a high-quality personalized service in a variety of institutions.
Climate Change - The Coming Crisis (10)
In this article, we'll try to explain some of the science behind global warming so that you can understand the problem more clearly. According to numerous scientific studies, our planet's surface temperature has increased by about 1 degree Fahrenheit within the last century.