Attention Economy
exploring the inner workings and dynamics of companies building products engineered to hook us, addict us, and hijack our attention to sell more ad inventory
sari and
Attention Economy
One of the weirdest things about the Internet is that even though we’re just a click away from the greatest authors of all-time, from Plato to Tolstoy, we default to just scrolling Twitter
David Perelltwitter.comFeels inevitable that music will be huge in web3 as it has the biggest gap between consumer passion & monetization of any category
Li Jintwitter.com
How we allocate our attention defines us even more than our purchases do. People have different amounts of money, so the things we buy don’t reflect values in the same way for everyone. The same purchase might represent a tremendous sacrifice for one person and a mere afterthought to another. But we all have the same widow’s mite of attention to distribute among the many things competing for it: family, friends, education, health, careers, church, politics, great books, lousy books, clickbait headlines, and viral posts about ridiculous people doing ridiculous things for no particular reason. Our limited attention budget forces us to make choices, and those choices both reveal our values and create our characters.
Being fine with periods of solitude, working alone, pushing things forward without others cheering you on...that's a superpower.
The ability to run your own race, despite what the world is doing, initially looks behind - but puts you out front.
Dr. Julie Gurnertwitter.cominsught from Eugene Wei on the incentives of ad-based social networks:
to raise your revenue as a social media company monetizing from ads (CPM), you have to drive the M part up, because the C is going down. And that means more and more we see all these companies fighting to be more addictive and entertaining.
What information consumes is rather obvious: it consumes the attention of its recipients. Hence, a wealth of information creates a poverty of attention.
sublimetwitter.com