Tuesday, May 19, 2026

If Internet Was About "Disintermediation," AI "Remediates"

If disintermediation removing distributors in the value chain) was the hallmark impact of the internet on media and content, artificial intelligence arguably reinserts a new mediation layer in the value chain. 


If the internet tended to remove gatekeepers, AI is going to bring that function back.


The internet let creators, publishers, and businesses reach users directly.

  • Authors could self-publish.

  • Musicians could bypass record labels.

  • Retailers could sell directly online.

  • Newspapers could distribute without print trucks.


The dominant idea was that gatekeepers lost power and relevance.


AI seems to be inserting a new form of mediation between users and content, especially as agents proliferate:

  • Users ask an AI instead of visiting websites

  • Buyers rely on AI agents instead of browsing stores

  • Students consult AI instead of textbooks or tutors

  • Professionals ask AI instead of reading reports.


If the internet reduced friction between producer and consumer, allowing creators to reach consumers directly, AI inserts a new layer the AI agent). 


The practical consequences:

  • Traffic shifts from websites to AI interfaces.

  • Brands lose direct contact with customers.

  • Original creators may receive less attribution.

  • AI becomes the gatekeeper.


Still, both the internet and AI function in some similar ways:

  • Reduce transaction costs

  • Increase access

  • Disrupt existing business models

  • Favor large platforms. 


What is different is the way AI affects the monetization of content. Instead of search engine optimization, AI abstracts the sources of content.


Where SEO was intended to deliver relevant links, AI “gives you the answer.”


During the internet era, media companies lost control over distribution.

During the AI era, they may lose control over:

  • Discovery

  • Attribution

  • Monetization

  • Customer relationships


The risk is greater because AI can both create and summarize content, reducing the need to visit the original source.


But something greater than “distribution” or “discovery” is at work. Where the internet largely focused on “discovery” of content, AI agents will essentially “create” content.


As the internet forced content providers to change, so AI will force changes as well. Organizations must optimize not only for human customers, but also for AI systems.

Era

Core Trend

Central Dynamic

Internet

Disintermediation

Remove middlemen

Search

Aggregation

Organize information

Social Media

Platformization

Concentrate attention

AI

New intermediation

Machine agents become the middlemen


The shifts are from discovery to meaning; traffic volume to citation; site visits to inclusion in summary; active search to passive consumption. 


Feature

Internet Era Shift

AI Era Shift

Primary Value

Providing access to information.

Providing synthesis/meaning from information.

Core Metric

Clicks and Traffic.

Conversions and Authority/Citations.

Publisher Role

Destination (user visits your site).

Source (AI summarizes your work).

Advertising

Targeted banner/link ads.

Integrated conversational/agentic ads.

User Experience

Active searching and navigation.

Passive, conversational consumption.


The internet was about removing traditional gatekeepers. AI seems destined to insert a new layer into the value chain.


Participants will have to adapt. 


The primary challenge for publishers and content providers is “zero click.” When a user gets their answer directly on the search results page, they have no reason to visit the publisher’s site, leading to significant declines in organic traffic and ad impressions.


Advertisers now must design for agentic discovery as they once designed for search engines.


Platforms are performing a delicate balancing act: they need to keep users satisfied with quick, AI-driven answers while ensuring that content creators (the "web") don't disappear, as the AI needs that content to function.


Metric

Old Search Model

AI Search Era

Primary Goal

Traffic volume (clicks)

Brand authority & Citations

User Journey

Linear/Multi-click

Compressed/Conversational

Measurement

SEO rankings/CTR

Conversion-based/Brand impact

Publisher Value

Being a destination

Being a trusted source


One often hears lamentations about the unfairness of the new system, typically in the form of who gets the value from creating and distributing content. But nothing in the media and content businesses is guaranteed. Nobody has a “right” to audiences. 


New gatekeepers are coming, whether we like it or not.


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If Internet Was About "Disintermediation," AI "Remediates"

If disintermediation removing distributors in the value chain) was the hallmark impact of the internet on media and content, artificial int...