disintermediation

American  

[dis-in-ter-mee-dee-ey-shuhn] / ˌdɪs ɪn tərˌmi diˈeɪ ʃən /

noun

1. the act of removing funds from savings banks and placing them into short-term investments on which the interest-rate yields are higher.

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disintermediation British  

/ dɪsˌɪntəˌmiːdɪˈeɪʃən /

noun

1. finance the elimination of such financial intermediaries as banks and brokers in transactions between principals, often as a result of deregulation and the use of computers

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Etymology

Origin of disintermediation

First recorded in 1965–70; dis- ¹ + intermediation

Example Sentences

But some companies, particularly vertically-integrated ones, price software based on the underlying asset or activity, which should help insulate them from AI disintermediation.

From Barron's

But some companies, particularly vertically-integrated ones, price software based on the underlying asset or activity, which should help insulate them from AI disintermediation.

From Barron's

In our view, Oracle’s business should be more resilient than other software names facing artificial-intelligence disintermediation from vertically integrated customer entrenchment, and providing the compute for AI.

From Barron's

In our view, Oracle’s business should be more resilient than other software names facing artificial-intelligence disintermediation from vertically integrated customer entrenchment, and providing the compute for AI.

From Barron's

When the cycle happens, Dimon adds, it may be worse for software than other sectors, especially if AI disintermediation is greater than people expect.

From The Wall Street Journal