Attention operates as an addictive wealth of increasing returns

Evidence

In a culture wherein attention reigns supreme, the norms and expectations of people begin to shift. As Goldhaber (1997) explains, organizations must become more transparent, and eventually diminish, and the ways in which we understand intellectual property, sharing, and privacy will shift. Attention is an enduring wealth of increasing returns; it can last a lifetime, and the more a person has, the easier it is for them to get. Even when celebrities attempt to employ scandalous narratives, they still often see the value of their brand increase (e. β€” Crystal Abidin and Megan Lindsay Brown (eds.), Microcelebrity Around the Globe, 347

Categorization

  • DEFINE: Explains the attention economy’s core bootstrapping logic β€” attention compounds like capital.
  • XREF: connects to: Teen girls’ professed privacy concerns actually mask reputational face-management β€” Crystal Abidin and Megan Lindsay Brown (eds.), Microcelebrity Around the Globe:…, 485; Fame now precedes wealth in the attention economy β€” Yves Citton, The Ecology of Attention, 139; Attention functions as a currency that compounds like interest. β€” Michael H. Goldhaber, The Attention Economy and the Net, 10 (+7 more)

Broader Connections