[colechristensen]

"One view of the status quo is that media companies are aggregating human attention and selling it at a discount–far below minimum wage–to advertisers in a massive arbitrage on human capital."

When I say "what is happening" I am referring to the status quo stated here.

The view stated is that media companies are "buying" human attention with cheap entertainment and selling it to advertisers (the portion not taken up by the content).

The contradiction I am putting forward is that the people seemingly most susceptible to withdrawing some of their time from the workforce to pursue leisure and media are also consuming far fewer advertisement-hours in an absolute sense and as a proportion of time of multimedia consumed.

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As for the lack of outrage, that's a cultural shift not a media access shift (primarily at least). It's true that 15 years ago people were generally consuming a much more homogeneous set of media, but the driving factor of outrage is every age group was born 15 years later. Things aren't so shocking when you grew up with them. Fifteen years ago it was also a lot more outrageous to be gay; the extremely diminished outrage reaction to that isn't just because people are consuming different media.