The Economics of Attention

Chris explains the importance of the payments mechanism in holding writers accountable and how the economics of attention have changed with the advent of smartphones and algorithmic feeds. He discusses how attention has become the last scarce resource and why people are willing to pay for higher quality content.

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20VC
20VC: Substack Founder Chris Best on The Future of Public Journalism, Why The Economics Of Attention Have Been Flipped & Why Micropayments For Content Will Not Work
Related Questions
- Is attention a finite resource as explained in the episode The SECRET To CREATIVE THINKING Explained For SUCCESS | Hank Green & Lewis Howes and the clip The Value of Attention?
- Why does attention matter in the episode Business, Marketing & Investing Insights You Need | My First Million Podcast and the clip Attention as Currency?