Opinion | How the $500 Billion Attention Industry Really Wor...

Opinion | How the $500 Billion Attention Industry Really Works

added by sari · updated 1y ago

It is the business model of the internet, driven by ad revenue, that pushes companies to design their digital tools for compulsive engagement. This is, I think, true enough. The business model has certainly exacerbated the problem. But I’m far less sanguine than Hari appears to be about whether changing the business model will adequately address th... See more
from Attending to the World by theconvivialsociety.substack.com
sari added
. Years ago, the idea that online life would be dominantly funded by advertising coalesced into conventional wisdom, and we’ve been living with the consequences ever since. The utopian assumption that views and clicks would accrue to the highest-quality content failed to understand a basic lurking reality - that the monetization of attention leads
... See more
from The Bitter End of "Content" by Freddie DeBoer
sari added
At its core, advertising is a marketplace for attention. When your eyes breeze over an advertisement as you scroll through your news feeds or read an article, a transaction has occurred. Your attention has been sold by the platform and bought by the advertiser.
from Subprime Attention Crisis: Advertising and the Time Bomb at the Heart of the Internet (FSG Originals x Logic) by Tim Hwang
sari added