Your disruption is boring

Previously, Paul Mason got all Uber-excited about the sharing economy. Which was a pity - when he calms down a bit he can actually deflate the hype with the best of them:

The market rewards companies that create labour exchanges for minicab drivers with multibillion-dollar valuations. Hot money chases after computing graduates with good ideas, but that is – at this phase of the cycle – as much an indicator of the stupidity of the money as the brightness of the ideas.

When you put it like that, the future doesn't look quite so cool...