We used to refer to an information economy. But economies are defined by scarcity, not abundance (scarcity = value), and in an age of information abundance, what’s scarce? A: Attention. The scale of the world’s largest companies, the wealth of its richest people, and the power of governments are all rooted in the extraction, monetization, and custody of attention.
I have no argument with where Scott goes in the post. He’s right about all of it. My problem is with framing it inside the ad-supported platform and services industry. Outside of that industry is actual human attention, which is not a commodity at all.
There is nothing extractive in what I’m writing now, nor in your reading of it. Even the ads you see and hear in the world are not extractive. They are many things for sure: informative, distracting, annoying, interrupting, and more. But you do not experience some kind of fungible good being withdrawn from your life, even if that’s how the ad business thinks about it.
My point here is that reducing humans to beings who are only attentive—and passively so—is radically dehumanizing, and it is important to call that out. It’s the same reductionism we get with the word “consumers,” which Jerry Michalski calls “gullets with wallets and eyeballs”: creatures with infinite appetites for everything, constantly swimming upstream through a sea of “content.” (That’s another word that insults the infinite variety of goods it represents.)
None of us want our attention extracted, processed, monetized, captured, managed, controlled, held in custody, locked in, or subjected to any of the other verb forms that the advertising world uses without cringing. That the “attention economy” produces $trillions does not mean we want to be part of it, that we like it, or that we wish for it to persist, even though we participate in it.
Like the economies of slavery, farming, and ranching, the advertising economy relies on mute, passive, and choice-less participation by the sources of the commodities it sells. Scott is right when he says “You’d never say (much of) this shit to people in person.” Because shit it is.
Scott’s focus, however, is on what the big companies do, not on what people can do on their own, as free and independent participants in networked whatever—or as human beings who don’t need platforms to be social.
At this point in history it is almost impossible to think outside of platformed living. But the Internet is still as free and open as gravity, and does not require platforms to operate. And it’s still young: at most only decades old. In how we experience it today, with ubiquitous connectivity everywhere there’s a cellular data connection, it’s a few years old, tops.
The biggest part of that economy extracts personal data as a first step toward grabbing personal attention. That is the actual extractive part of the business. Tracking follows it. Extracting data and tracking people for ad purposes is the work of what we call adtech. (And it is very different from old-fashioned brand advertising, which does want attention, but doesn’t track or target you personally. I explain the difference in Separating Advertising’s Wheat and Chaff.)
In How the Personal Data Extraction Industry Ends, which I wrote in August 2017, I documented how adtech had grown in just a few years, and how I expected it would end when Europe’s GDPR became enforceable starting the next May.
As we now know, GDPR enforcement has done nothing to stop what has become a far more massive, and still growing, economy. At most, the GDPR and California’s CCPA have merely inconvenienced that economy, while also creating a second economy in compliance, one feature of which is the value-subtract of websites worsened by insincere and misleading consent notices.
So, what can we do?
The simple and difficult answer is to start making tools for individuals, and services leveraging those tools. These are tools empowering individuals with better ways to engage the world’s organizations, especially businesses. You’ll find a list of fourteen different kinds of such tools and services here. Build some of those and we’ll have an intention economy that will do far more for business than what it’s getting now from the attention economy, regardless of how much money that economy is making today.