Posts with keyword: scarcity

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Sifry on the Attention Economy

Tue Mar 7 12:58:00 2006

Dave Sifry of Technorati is speaking on The Economy of Attention. What are the rules that guide the attention economy and how are they different than the rules we're used to in the real economy. Attention is about time directed to a purpose by people. Most economic models focus on what is scarce in the system. Economic systems aren't only defined by what is scarce, but it's a pretty good tool to find the seams in the fabric of the economy. In the attention economy, computing power, storage, network bandwidth, and even money aren't scarce. Time is what even
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