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This is a little off topic, but do you have any links to more information on the theory of "attention based economy"? It sounds quite interesting.
by klbarry 15y ago
This is a little off topic, but do you have any links to more information on the theory of "attention based economy"? It sounds quite interesting.
- fleitz 15y agohttp://en.wikipedia.org/wiki/Coase_theorem http://en.wikipedia.org/wiki/Coase_theorem http://www.ribbonfarm.com/2011/06/08/a-brief-history-of-the-corporation-1600-to-2100/ http://www.ribbonfarm.com/2011/06/08/a-brief-history-of-the-... Think of it this way, all forms of social media are basically measuring attention. Pageviews, average visit, etc. Facebook is worth $70 billion because it can monopolize 15 minutes of the average users' attention per day. When people say that Win Phone 7 is doomed the underlying assumption is that developers will not give it attention and consumers will not give it attention because developers have not.
- dualogy 15y ago"When people say that Win Phone 7 is doomed the underlying assumption is that developers will not give it attention and consumers will not give it attention because developers have not" Well... if this is a representative illustration of that "attention-based economy" idea, then I'd argue we've already had that for centuries now. I assumed something along the lines of "being able to pay for my groceries simply by trading in some of my attention"... such as watching ads or simply spending my valuable time in the store -- both of which I arguably already do, except I still pay cash too.
- dualogy 15y agoHow Coase relates to the social media "attention economy" idea on the above Wikipedia page: "This article needs attention from an expert on the subject." I see.