Attention Economy

Feels inevitable that music will be huge in web3 as it has the biggest gap between consumer passion & monetization of any category

We experience the externalities of the attention economy in little drips, so we tend to describe them with words of mild bemusement like “annoying” or “distracting.” But this is a grave misreading of their nature. In the short term, distractions can keep us from doing the things we want to do. In the longer term, however, they can accumulate and ke... See more

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

I get the theory that free ad-supported networks have incentive problems. I don't agree, but I get it. However, I don't see why web3 replacing this with transparent & programatic payments controlled by a consensus of good and bad actors would necessarily have better incentives