kaal:claim:2922176-003

Platform disruptors such as Uber and Airbnb did not decentralize their industries by eliminating intermediaries; they decentralized by replacing incumbent intermediaries with algorithmic ones.

Source quote, verbatim

industries respectively not by eliminating intermediaries but by replacing them.

From

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017), I. Introduction, p. 4
https://ssrn.com/abstract=2922176 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017). SSRN: https://ssrn.com/abstract=2922176

Holds when

transportation and hospitality industries as the worked examples

Classification

mechanismsupport: argueddecentralization

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