But there have been ongoing debate on whether the on-demand services is still as relevant today as it was when Uber first launched in the transportation industry seven years ago. According to Reuben on the GetVOIP blog, it is widely argued that the phenomenon is fading as new markets get smarter dues to less vulnerability of these markets as compared to the transportation industry years ago. This makes new markets more difficult to disrupt. While this is true to a certain extent, the author also acknowledged that the on-demand economy is still a ticking time-bomb awaiting explosion. He pointed out that the companies that adopt this business model are not going away anytime soon as the model is still at the experimentation phase.
This makes me ponder a little on the future of on-demand services or companies. As human needs and technology changes exponentially, what are the likely effects going to be on these on-demand companies? Will there ever be a time that there would be no more an Uber model and what will the likely replacement be like? I will like to know your views as you read through this post. Kindly drop your comments in the section below. Compliments!
This article was originally written by Reuben Yonatan and shared by Alexandria Heinz, both from Getvoip.com. It was edited by the author for StartUP InfoPAD readers.