Will Computer Technology Cause Financial Intermediaries to Become Extinct?



Will Computer Technology Cause Financial Intermediaries to Become Extinct?

I, for one, believe in the fact that computer technology, regardless of its features and functions, and the ability, cannot by any means, be able to eradicate the concept and the existence of financial intermediaries no matter how advanced the computer technology becomes in the present times. It is mandatory to comprehend with the fact that financial intermediaries do and the way they do it and how it benefits the market in which it is operating.

It is indeed true that the internet is vast ...