MCS 2020 Lecture Notes - Lecture 1: Attention Economy, Consumer Protection, Gestapo
14 Dec 2015
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A product that can be bought or bartered, an article of trade or commerce. Things that can be measured and priced according to supply and demand. Information can be collected, analyzed, and combined into an advantageous end product (e. g. more info) Information in not tangible, not limited in quantity, not manufactured. A situation of personal advantage, benefit, or opportunity (for private profit or selfish interest) We claimed to live in the information economy, but economy is usually about scarcity. Therefore, we"re living in the attention economy instead. (attention: spending focused time on something) To find a way through attention economy, 1) pay attention; and 2) pay attention to where you pay attention since attention is a limited resource. Two conditions which contribute to our mental stress. Having too much information to make a quality decision. Receiving too much information to stay informed about a topic. Not that we have too much info, it"s that we don"t have enough attention.
