Saturday, December 30, 2006

Attention economy

Stumbled across an old Wired article today from Michael Goldhaber that says that the information economy is a misnomer. Instead, he argues, the Internet is ushering a new economic model based on the capture and resale of attention.

While I wouldn't agree that this is an entirely new model (to whit: "This Ed Sullivan Show is brought to you by Quaker Oats, the best oatmeal for your childrens' breakfast") the term itself is quite useful.

I just wish I had found this article and term two weeks ago when I was doing my writeup about the political economy of Second Life.

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