Esther Dyson: markets are changing as the balance of power shifts from institutions to individuals


Amen! Thanks for putting it so nicely and quotable! This is indeed one of the mega-trends of our age, and I’m really hard-pressed to still find domains where that is not true yet (speaking about the US, other countries are different).

Some examples off the top of my head: News: news organizations vs. bloggers. Healthcare: demi-gods in white vs. WebMD, Google and self-support groups. Trans-national companies vs. grass-roots pressure groups (however correct or misguided they might be). Competing mortgage offers from the same website. Windows vs. open source. The list goes on and keeps growing…

This mega-trend creates interesting ramifications from societal functioning to software architecture, on which I’ll have to say more in the future.