|
|
|
|
|
by nicd
517 days ago
|
|
This is the issue that is top of mind for me at the moment. If you're frustrated by political polarization, this is one of the root causes! I'm very eager to hear any ideas on steps we can take to systematically reverse this damage to society. |
|
The human pool of Attention is slow growing and finite (the limit being number of minutes in a day*people). Yet Content keeps exploding to infinity.
Just like inflation devalues money, content inflation devalues individual Attention.
In traditional economics, more money chasing the same goods = inflation. In the Attention Economy, more content chasing the same attention = engagement inflation (harder to get noticed, costs more to be seen).
The real winners - Platforms, since they act like central banks controlling both supply (content) and demand (attention via algorithm).
The Attention Economy behaves like a manipulated market where demand is fixed but distorted, and supply keeps increasing, benefiting the gatekeepers (platforms) while exhausting the participants (creators, advertisers, businesses, users).
History teaches us where the story goes.