Business Quote by Om Malik
“Whether it is through stock-market trading or the sale of hotel rooms, the Internet has a way of bringing deflationary forces to all businesses that were hitherto inefficient and involved many middlemen.”
About This Quote
The internet reduces costs by eliminating middlemen, making many businesses more efficient.
In simple terms: Internet cuts out middlemen, lowering costs.
Key Takeaway
Leverage digital platforms to streamline operations.
Themes
technology
economics
efficiency
Mood
analytical
forward‑looking
Type
explanatory
business
When to use this quote
- e‑commerce
- travel booking
- stock trading
- startup strategy
Key Concepts
disintermediation
deflationary pressure
Questions to Reflect On
- Which business could benefit from online disintermediation?
- What challenges arise when removing middlemen?
A Different Perspective
Not all industries can fully disintermediate.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)