Hacker News new | ask | show | jobs
by glass3 1194 days ago
Regarding you sidetrack:

When you swap money for products, you don't need time. If the economy shifts to visibility and attention, instant transactions are not possible anymore. Whatever people produce, somebody needs time to consume it. So all the productivity gains will be used to create more audience.

1 comments

But all that attention mining is still just a pyramid of "VaaS" upon "VaaS" that isn't turtles all the way down: even if all the advertisers on your ad medium seem to be other ad media (where you might very well be a customer yourself!) or products that have no use outside of ad and attention production, at some point there has to be an influx of money from the advertising to consumers, in the old-fashioned "exchange money for product" way. Every other transaction is just some echo of that (even of its an echo not constrained by chronological order). And attention has a hard limit of 24h/day. Things might to to eleven, but not much further.