The Difficulty With Byzantine Layers Of Profiteering
The scourge of modern day innovation that is stifling creativity.
We’re all familiar with the various aggregation sites operating with the aim of allowing users to search for, and sometimes even get, better deals when booking everything to do with travel and holidays — flights, hotels, car hire, and suchlike.
Similarly there are a plethora of intermediaries between people and insurance providers — whether they’re home, car, or travel — price comparisons, discount comparisons, and their suchlike.
There are also the fairly recent layers built up between restaurants and diners that deliver meals to the home — something that already existed to an extent but was able to spawn a whole new layer of both bureaucracy and low paid workers to fill a perceived gap.
I say perceived gap there deliberately as it’s usually when an ‘entrepreneur’ sees a perceived gap that they jump in with a bare bones business plan, a cadre of low paid workers, and profit forecasts that make both banks and VCs rub their collective hands with glee.
Of course the process of plugging the perceived gap involves introducing themselves as an intermediary, with its commensurate skimming of profit from all of the parties involved.
