The last hundreds of billions of dollars in value creation was innovation that gave people convenience. Businesses, leveraging new technology and business models, gave people their time and attention back. The next wave of innovation will help people spend that time and attention better
Advertising, in theory, is the business of buying and selling human attention. And though the ad business makes up only a small portion of the overall Attention Economy, it plays a massive role in shaping almost every other business.
Never in human history have two of the ten largest companies on planet earth (Facebook and Google) been advertising businesses. Many of the other largest companies in the world, including Amazon, are increasing their advertising offerings. And why not: the world’s most valuable resource is harder to find than ever before, so of course more people w... See more
We have abdicated our responsibility for curating what is worthy of a fellow human’s attention to A.I. which, in turn, is optimizing only for immediate engagement and advertising margin