The Disappearing Middle and the Barbell Economy
Update: 2024-09-06
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Let me cut right to the chase: in the not-so-distant future, many small and medium-sized businesses are going to disappear. Why? Because of disintermediation. The market is shifting into a "barbell" structure. On one end, we’ve got these massive corporations, and on the other, there are solo entrepreneurs and small players running lean operations. If you’re somewhere in the middle, you’re probably getting squeezed out.
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