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Replying to Avatar Gigi

Time and attention are the ultimate currencies. There is a reason why we "spend" the first and "pay" the latter. And while we do indeed "spend" time and "pay" attention, they are unfit as money because we can't accumulate either. There is a reason why using proper money frees up time and allows for an increase in long-term thinking—both individually and for society at large. Money is as important for capital accumulation as it is for distributed cognition, and if the money is broken, both of these things deteriorate. And with it, so does our time and attention.

By using attention as the de facto currency online, we destroyed depth and nuance, as well as our collective attention spans.

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Gigi 1y ago đź’¬ 1

The attention economy has us neatly segregated into echo chambers of personal truths. Ironically, the only truth worth pursuing in the attention economy is how to keep the maximum amount of people maximally outraged for the maximum amount of time. All while keeping participants unaware that they are trapped in an algorithmic prison of their own choosing.

https://dergigi.com/2021/12/30/the-freedom-of-value/

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SWSWSQJB 1y ago

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