The Unbundling of Everything

Old timers remember when you paid by the ride at Disneyland (E-ticket the best rides). Or when you paid your ISP by the hour to access the Internet. Single all-inclusive fees simplified purchase and maximized economy if you were a big user.

Reduced transaction costs also allow greater internal coordination in corporations, leading to higher integration.

I don't think it's clear that smaller is better. I feel pretty sure the world is not heading towards an ocean of microservices. The full stack startup is a parallel trend after all. I don't know if there's better terminology for this, but it seems like we simultaneously have unbundling along one axis and integration (bundling?) on another.

Let's be clear. Unbundling is not a panacea. When the dust settles, your Internet TV bill is likely to be close to your current cable bill --and the cost of broadband (which you probably get from your cable company anyway) is going north.

For insurance, getting out from under the yoke of your employer is good, but you are likely to pay higher premiums. It also does almost nothing for the other (and more important) side of the equation, the actual cost of care.