Sunday, December 16, 2007

Attention Economics: Human attention is a scarce commodity

"In an information-rich world, the wealth of information
means a scarcity of whatever it is that information consumes.

What information consumes is rather obvious:
it consumes the attention of its recipients.

Hence a wealth of information creates a poverty of attention
and a need to allocate that attention efficiently
among the overabundance of information sources that might consume it."

-Herbert Simon

DS 141 mini-reporting on Tuesday

Form a group with six members. Exercise collective leadership. Present a mini-report about your chosen article from the list below. Avoid du...