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 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.
Adoption Of New Technologies
In the current world there is a huge need to be updated with the happenings around the world. Media and news industry are mainly responsible for transforming the world into a global village. Different people feel connected with the rest of world through the common bond of news or information flow. News can be categorized according to its impact factor, fields like entertainment and sports etc from where it gets generated or its importance attached with people. Now everyone has dwelled a thirst to stay updated.
News have become integrated part of our lives now a days. Just have a glance when there is a need of a newspaper with the early morning tea. Also look at the moment when you doze off after watching news channel. All these things have proved that the dose of news is mandatory for the day-to-day life. To get acquainted with the latest events happening around the world is now everyone's priority.
Various media and news agencies like news channels and newspaper agencies collaborate to bring news from every corner of world. But often, they leave many important news around the world while can be important to particular group of people due to constraints associated. News channels can't show every news as they need to rotate news every half an hour or so. Moreover, they can't act as repository of news. News paper has its own constraint and can't present global news as they need to cater local needs. Thus, a need for new resource was felt where people can have access to global as well as local news.
Online media has come up as solution to this need. In the regime of ecommerce, everything has gone online. Keeping up with the trend, news industry has also adopted the change. Various online newspaper publishing sites have came up on which people have access to global news around the world along with keeping eye on local or national news. Online news is easy to access and are available round the clock. Thus, online news reading not only saves one's precious time but also money also.
It is not possible to have access to every news from wide geographical country like ours. A common platform needs to be there where people can have access to major India's news. Any channel or newspaper can't stand on this. Only online media can be answer to this where people get access to India's news along with international news.
Theinfosage.com is such news publishing platform which caters your needs of latest news both at international as well as India's news. The news gets updated continuously and is categorized in many diverse fields like world, national( India's news), business, entertainment and many other fields. Along with latest news emphasis is also on the top headline of the hour so that you can also get to know what is the breaking news of the hour. Thus, theinfosage.com is complete food for your news hunger.
Both Kadence Buchanan & Hemraj are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Kadence Buchanan has sinced written about articles on various topics from Science, Computers and The Internet and Public Relations. Kadence Buchanan writes articles on many topics including , ,. Kadence Buchanan's top article generates over 673000 views. to your Favourites.
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