This chapter will explain the shift from an information economy to an attention economy and lay out the implications for how information is created, shared, and consumed on the internet. Having transitioned from a time of information scarcity to information abundance, information is no longer a sufficiently monetizable commodity to drive an economy. The focus of human attention as the monetizable commodity in limited supply gives content recommendation algorithms a pivotal place in our information landscape and our economy. This chapter lays out ...
1. Pay Attention
How Information Abundance Affects the Way We Consume Media
Kris Shaffer1
(1)
Colorado, USA
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