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Attention Economy

Last updated Jun 17, 2021 Edit Source

Michael Goldhaber, who, in a series of essays in the late 1990s, argued that a new “attention economy” was emerging alongside the traditional economy of goods and services. “Ours is not truly an information economy,”

# As a commodity

Attention as a commodity, it is increasingly competitive to compete for everyone’s attention

Attention is the main currency of production – what limits you from doing everything at once. Attention, then, is a common pool resource. It is non-excludable (anyone can bid for their attention) and rivalrous (limited attention).

More in Odell’s How to do Nothing, designing for slowness

# Information Scaling


See: information scaling threshold

The wealth of information means a dearth of something else—a scarcity of whatever it is that information consumes. What information consumes is rather obvious: it consumes the attention of its recipients