Humayun Sheikh: Fetch AI – Decentralising AI Economies
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Decentralized Booking for Travel Services
The future of booking services in the travel industry is moving towards a decentralized model, where agents can interact directly with service providers on behalf of customers. This shift eliminates the need for middlemen who traditionally take a cut of the transaction. Customers can set their budget, and hotels can compete by offering the best price directly to the agents. The decision-making power remains with the customer, providing autonomy while reducing their workload. This new paradigm reduces economic value transfer to the middleman, directing it to either the service provider or the consumer.
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