Path: typhoon.sonic.net!not-for-mail Newsgroups: alt.magick.tyagi,alt.magick Subject: Attention (was Idle threat made public ...) References: <3D49DA85.65E5@luckymojo.com> From: nagasiva Reply-To: spam@yronwode.com User-Agent: nn/6.6.0 Lines: 21 Message-ID: Date: Fri, 02 Aug 2002 07:34:00 GMT NNTP-Posting-Host: 208.201.242.18 X-Complaints-To: abuse@sonic.net X-Trace: typhoon.sonic.net 1028273640 208.201.242.18 (Fri, 02 Aug 2002 00:34:00 PDT) NNTP-Posting-Date: Fri, 02 Aug 2002 00:34:00 PDT Xref: typhoon.sonic.net alt.magick.tyagi:33775 alt.magick:311845 50020801 VII catherine yronwode : >"Attention will be the currency of the new economy." > -- tyagi nagasiva, circa 1992 yeah yeah you challenged me to come up with his name. Howard Rheingold, in the artificial intelligence field, popular writer, broke the news to me in the 90s in an interview on National Public Radio. there is something like what he mentioned on the radio at: http://www.rheingold.com/texts/internet/futuremoney.html I recognized the truth of his statement and have maintained it ever after as a valuable hypothesis. nagasiva Path: typhoon.sonic.net!not-for-mail Message-ID: <3D4A3F01.3668@luckymojo.com> From: catherine yronwode Reply-To: cat@luckymojo.com Organization: Lucky Mojo Curio Co. X-Mailer: Mozilla 3.01-C-MACOS8 (Macintosh; I; PPC) MIME-Version: 1.0 Newsgroups: alt.magick.tyagi,alt.magick Subject: Re: Attention (was Idle threat made public ...) References: <3D49DA85.65E5@luckymojo.com> Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Lines: 70 Date: Fri, 02 Aug 2002 08:06:25 GMT NNTP-Posting-Host: 209.204.150.118 X-Complaints-To: abuse@sonic.net X-Trace: typhoon.sonic.net 1028275585 209.204.150.118 (Fri, 02 Aug 2002 01:06:25 PDT) NNTP-Posting-Date: Fri, 02 Aug 2002 01:06:25 PDT Xref: typhoon.sonic.net alt.magick.tyagi:33776 alt.magick:311848 nagasiva wrote: > > 50020801 VII > > catherine yronwode : > >"Attention will be the currency of the new economy." > > -- tyagi nagasiva, circa 1992 > > yeah yeah you challenged me to come up with his name. > > Howard Rheingold, in the artificial intelligence > field, popular writer, broke the news to me in the > 90s in an interview on National Public Radio. > > there is something like what he mentioned on the > radio at: > > http://www.rheingold.com/texts/internet/futuremoney.html > > I recognized the truth of his statement and have > maintained it ever after as a valuable hypothesis. In that piece Howard Reingold was writing about the Josiah Warren-derived LETS barter systems, that is, about alternative currency systems, not about attention AS currency. But Reingold, and two other authors, namely Thomas Mandel and Gerard Van der Leun, turn up in a 1997 article on attention as currency written by Michael H. Goldhaber and located in the "Wired" magazine archives, obtained via google (using attention + currency + future) at http://www.wired.com/wired/archive/5.12/es_attention.html?topic=future_of_money&topic_set=neweconomy ---------------------- Attention Shoppers! By Michael H. Goldhaber The currency of the New Economy won't be money, but attention -- A radical theory of value. [...] "Attention," write Thomas Mandel and Gerard Van der Leun in their 1996 book Rules of the Net, "is the hard currency of cyberspace." They're dead on. As the Net becomes an increasingly strong presence in the overall economy, the flow of attention will not only anticipate the flow of money, but eventually replace it altogether. [...] Some minimum of attention is essential. While many of us crave huge amounts of recognition, the lure is not merely fame or a place in history. It's also praise from the people around you for what you do. The Internet is an amazing expression of these desires. People log on to connect with others, gossip, debate, advise, and learn about those like or unlike themselves. They log on to exchange attention. And, not surprisingly, anyone who has spent an appreciable amount of time on the Net has advice about paying attention. In his online book Virtual Community, Howard Rheingold lays out two guidelines: "Rule Number One is to pay attention. Rule Number Two might be: Attention is a limited resource, so pay attention to where you pay attention." I wonder who first came up with the idea of attention as currency. cat yronwode Hoodoo and Blues Lyrics --------- http://www.luckymojo.com/blues.html