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 economyβs core bootstrapping logic β attention compounds like capital.
- XREF: connects to: Teen girlsβ professed privacy concerns actually mask reputational face-management β Crystal Abidin and Megan Lindsay Brown (eds.), Microcelebrity Around the Globe:β¦, 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
- Attention functions as a currency that compounds like interest.
#corroborates(1.00) β Michael H. Goldhaber, The Attention Economy and the Net, 10 - Attention operates as a form of capital that accrues interest and concentrates inequality.
#expands(0.90) β Michael H. Goldhaber, The Attention Economy and the Net, 16 - Sustained attention is a series of willed returns, not a steady state
#expands(0.85) β Jenny Odell, How to Do Nothing, 396 - Attention functions as convertible capital that individuals and institutions can bank and trade
#expands(0.85) β Michael H. Goldhaber, The Attention Economy and the Net, 14 - Public attention is a self-reproducing form of value convertible into fame
#corroborates(0.80) β Michael H. Goldhaber, The Attention Economy and the Net, 6 - Fame now precedes wealth in the attention economy
#corroborates(0.75) β Yves Citton, The Ecology of Attention, 139 - Sale of attention depends on transitory attention while well-being needs sustained attention.
#qualifies(0.75) β Tim Wu, The Attention Merchants, 439 - Attention works as a needle weaving global links at the price of inequality
#complicates(0.75) β Yves Citton, The Ecology of Attention, 560