Attention is the scarce resource that powers the information economy.

Evidence

Attention is effectively both the raw material and the fuel of the information society – if it does not attract attention, it does not exist. The decrease of the cost of reproduction of intellectual and cultural products almost to zero accentuates the significance of the capacity to focus attention on those products, and they argue that the attention economy has become an irreplaceable adjunct of the money economy, perhaps to the point of replacing it. β€” Michael H. Goldhaber, The Attention Economy and the Net, 8

Categorization

  • DEFINE: Establishes the core definition of the attention economy as the raw material/fuel of the information society.
  • ADDENDUM: This is the foundational definition for attention economy discourse, relevant to any piece on how attention functions as infrastructure.
  • XREF: connects to: Herbert Simon defined attention as the scarce resource that information consumes. β€” Yves Citton, The Ecology of Attention, 35; Attention is becoming the hegemonic resource restructuring material production β€” Yves Citton, The Ecology of Attention, 47; Human serial attention limits make attention the scarce resource β€” Yves Citton, The Ecology of Attention, 137 (+7 more)

Broader Connections