I have grown to like this quote very much:
"What does an abundance of information create? A scarcity of attention."
So if scarcity in a marketplace creates value, then tools that help with attention scarcity are the brokers of the new economy.
I like it because it puts things in economic terms and some people like to think in monetary terms.
David Henderson, however, has another great idea. He claims that his Attention is not 'scarce', it is Saturated.
He says that:
Attention scarcity implies there is attention available. Come on in and I will give some of my remaining scarce attention. Attention saturation implies there is no attention available. It’s all used up. It means you need to displace some already engaged attention to get my attention.
I think that is a fascinating way to look at it.
Because, as he alludes and I have outlined in the Media 2.0 Roadmap, in a world where your attention is saturated, people don't need more ways to find stuff, they need a way to automatically and personally FILTER it.
In a post called 'The Aphrodisiac of Attention', John explains the sinister game that telecommunications companies are playing with our Attention and how filtering might play a role.
...a conversation I had ten years ago with a senior exec of a major telecommunications company. He proudly announced to me that his company had a twenty year plan: "In the first ten years, we will commercialize technology to help everyone connect anytime, anywhere. But the real money will be made in the next ten years. At that point, we will focus on providing technology to block access anytime, anywhere. Can you imagine how much people will pay for that capability?"
John also has the following quote:
Trusted filters, trusted protectors, trusted concierge, human or technical, removing distractions and managing boundaries, filtering signal from noise, enabling meaningful connections, that make us feel secure, are the opportunity for the next generation. Opportunity will be the tools and technologies to take our power back.