Ask HN: What is the next industry to be disrupted? • Hacker News Board

Re: Ask HN: What is the next industry to be disrupted?

#11

Post by brudgers » Fri, Apr 26, 2013, 5:53 AM UTC

Legal and medical will evolve, but there will not be disruption because:

a) They are heavily regulated and moving outside the regulatory framework is subject to vigorous prosecution. AirBnB is in a comparitively lightly regulated industry and its transactions can remain private.

b) These industries are already profitable so the most likely perceived result of disruption is a reduction of profits.

c) The amount of cash already attracts many players to the market who can focus on sales - lawyers and doctors like a professional sales force and personal attention - rather than innovation. Little egotistical professional service companies are as problematic as big dumb one's. Maybe worse because they are about more than the bottom line.

d) These industries have better ways to make money than software services. Insurance companies don't reimburse for medical records on an iPad. Lawyers bill by the hour.

Re: Ask HN: What is the next industry to be disrupted?

#12

Post by davyjones » Fri, Apr 26, 2013, 5:57 AM UTC

D_Alex wrote: post #7

I received a 3d printer last week, at work. I ordered it to try and make some oilfield equipment models. My expectations in truth were low, the printer is a cheap hobbyist unit (Makerbot Replicator 2). After using it for 2 weeks, I am very impressed. The mechanical properties of the PLA plastic used are much better than expected, and there are things you can make that would not be possible with any other manufacturin…

This certainly seems promising and one can also probably piggyback on 3D printing by offering FEA services before printing. Prediction of failure loads and stress points, auto-optimisation to an extent, etc.

Re: Ask HN: What is the next industry to be disrupted?

#13

Post by bigmickey » Fri, Apr 26, 2013, 6:21 AM UTC

Banking. This is already happening. Paypal has already forced banks (at least in the UK) to stop holding onto people's money for 3 days during account-to-account transfers; zopa.com is disintermediating the banks with a peer-to-peer lending model (as is prosper in the US I think?); fundingcircle.com is doing that for commercial loans; currencyfair.com is doing the same thing with FX transactions; kickstarter.com is making it possible for companies to raise money without going to the capital markets. To cap it all, bitcoin is challenging the traditional role of banking in controlling the money supply in the first place! In short, almost every aspect of banking is under attack from startups everywhere. To date I haven't seen much of a response from the incumbents. Maybe the effect is too small at the moment but it is exciting to watch how it unfolds :)

Re: Ask HN: What is the next industry to be disrupted?

#14

Post by sixQuarks » Fri, Apr 26, 2013, 7:27 AM UTC

Glasses that are supported by your nose rather than your ears

Re: Ask HN: What is the next industry to be disrupted?

#15

Post by sssk » Fri, Apr 26, 2013, 8:19 AM UTC

IMHO, Groklaw's activities have laid a good pattern that can be followed for disrupting the legal industry. Some effects of the disruption could be - interesting cases using crowd sourcing to aid discovery - finding economical and effective lawyers made simple - decreasing tolerance for frivolous complaints

Similar things could be done in the Health industry as well

Re: Ask HN: What is the next industry to be disrupted?

#16

Post by leeny » Fri, Apr 26, 2013, 9:52 AM UTC

Hiring. There's something fundamentally frustrating about knowing that all the data you need to make the perfect decision about where you should work is out there but that getting even a small piece of that data involves a series of nondeterministic, flawed, and sometimes intentionally opqaue human interactions.

Re: Ask HN: What is the next industry to be disrupted?

#17

Post by pain_perdu » Fri, Apr 26, 2013, 1:39 PM UTC

t0 wrote: post #4

Textbooks. The market is controlled by a half dozen huge companies that charge around 10x too much because they can. I intend to tackle it one day. The biggest hurdle is actually finding instructors willing to write a textbook.

see http://www.boundless.com

Re: Ask HN: What is the next industry to be disrupted?

#18

Post by Stwerp » Fri, Apr 26, 2013, 3:10 PM UTC

t0 wrote: post #4

Textbooks. The market is controlled by a half dozen huge companies that charge around 10x too much because they can. I intend to tackle it one day. The biggest hurdle is actually finding instructors willing to write a textbook.

I think the question to ask is why are the professors who tackle writing these books going through such distribution chains?

It is not the monetary incentive. My friends who have contributed chapters to books generally see essentially zero return from royalties when the books are printed/sold.

Academics are more concerned about getting their name out (i.e. prestige). The business a professor runs is his/her name and they must market and position this well so that they get the funding and grants and the agencies recognize their name. There is nothing limiting professors currently from assembling notes into a textbook using free tools like LaTeX and putting their book on the web. Some currently do this (thank goodness!). However, putting a point on a CV that you uploaded a PDF file to your personal website versus being published by a well-known publishing firm makes a big difference.

That would be the problem to tackle: assuring authors that their time will be worthwhile. The fact that a book gets through the process to be published is seen as a mark or seal of quality, whether this is in any way true or not.

Re: Ask HN: What is the next industry to be disrupted?

#19

Post by t0 » Fri, Apr 26, 2013, 6:07 PM UTC

Stwerp wrote: post #18

t0 wrote: post #4

Textbooks. The market is controlled by a half dozen huge companies that charge around 10x too much because they can. I intend to tackle it one day. The biggest hurdle is actually finding instructors willing to write a textbook.

I think the question to ask is why are the professors who tackle writing these books going through such distribution chains? It is not the monetary incentive. My friends who have contributed chapters to books generally see essentially zero return from royalties when the books are printed/sold. Academics are more concerned about getting their name out (i.e. prestige). The business a professor runs is his/her name and…

You're absolutely right. Is there any way to solve this? I don't know that a small publisher could ever give them this recognition. Maybe find some that are interested in money versus fame?

Re: Ask HN: What is the next industry to be disrupted?

#20

Post by t0 » Fri, Apr 26, 2013, 6:08 PM UTC

pain_perdu wrote: post #17

t0 wrote: post #4

Textbooks. The market is controlled by a half dozen huge companies that charge around 10x too much because they can. I intend to tackle it one day. The biggest hurdle is actually finding instructors willing to write a textbook.

see http://www.boundless.com

I've talked to these guys several times. They fail to address the exact problem I mentioned. They only have a few books, and they suck. They need to somehow find lots of teachers willing to write books.