The Information Democracy and Attention Economics

Minimalistic forms of self-expression masquerade as a new information economy. Instead, it’s a new information democracy that represents the greatest era for self-expression in history. What we say, however, defines the value of the social economy and our place in it.

If we are defined by our actions and words, essentially the currencies we exchange, the question is, are we investing in our social capital or social arbitrage?

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  • http://website-in-a-weekend.net/ Dave Doolin

    Individually, I don’t agree that what we say defines our the value and our place in the social economy. Not completely anyway; it’s not the whole truth and possibly not the most important part of the truth. How we say what we say, and who’s willing to listen are, in my opinion, equally if not more important.

    I do agree we’re defined by our actions and words. Whether we’re investing appropriately, or wisely, that’s a very good question. I find the answer elusive. Which is probably as it should be.

    But the most important thing is having these discussions, and Brian, you’re as able a leader of such discussion as any. Thanks for posing these notions. Even when I don’t agree in detail, I always have to think for a bit why I don’t agree.

    • http://www.briansolis.com briansolis

      Hi Dave, the unfortunate reality that services like Klout and PeerIndex, at least on the social web, say otherwise. And, businesses are taking them for face value. Thank you for sharing your thoughts…keep it coming.

    • http://website-in-a-weekend.net/ Dave Doolin

      Darn. Klout *and* PeerIndex.

      I definitely appreciate you keeping up with this stuff, it’s more than I have time (or interest, frankly) for. I read more than I comment, and definitely glad you have a mailing list.

  • http://www.123neonsigns.com/neon-signs.html 123 neon signs

    I agree that what we say defines us in other peoples eyes. After all, they often have little else to judge us by these days, except for our written word.

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  • Leah | ohheygreat

    So

  • Chris

    It seems that whether we are investing in (presumably good and expansive) social capital or arbitrage (which is also a form of social capital) depends on context, one’s relative influence, and how one views the investment. If one’s social actions and expressions are disingenuous (even if persuasive–consider much of the media punditry) and look no further than to maximize the narrow interests of one’s tightly bonded peer group, at the expense of the larger social sphere, then our words and actions amount to arbitrage, gaming (and maiming) the system for personal gain.

    By contrast, if actions and words aim at balancing personal interest with common cause, seeking a whole that is greater than the sum of the parts, which ultimately improves the lot of everyone, then we have real, positive, bridging social capital.

    It’s this potential for a multiplicity of honest voices and perspectives that offer the potential for a “new information democracy,” but that doesn’t make the social exchange any less a *real* economy, in which individual actors seek to maximize advantage. The real matter is how broadly these actors conceive their sphere of affiliation and responsibility. Arguably, the more broadly, inclusively, and empathetically, the better.)

  • Pingback: The Information Democracy and – Attention Economics [07Feb11] | The Book

  • http://www.adirondack-chairs.cc/ Alvaro Pruitt

    we would see that our time (defined by any number of tablet manufactures) would yield a great deal of insight.

  • http://mightyvites.com/why/letterpress-wedding-invitations Rusty Mcdowell

    Thanks for posing these notions. Even when I don’t agree in detail, I always have to think for a bit why I don’t agree.

ABOUT ME

Brian Solis is a digital analyst, anthropologist, and also a futurist. In his work at Altimeter Group, Solis studies the effects of disruptive technology on business and society. He is an avid keynote speaker and award-winning author who is globally recognized as one of the most prominent thought leaders in digital transformation.

His most recent book, What's the Future of Business: Changing the Way Businesses Create Experiences (WTF), explores the landscape of connected consumerism and how business and customer relationships unfold in four distinct moments of truth. His previous book, The End of Business as Usual, explores the emergence of Generation-C, a new generation of customers and employees and how businesses must adapt to reach them. In 2009, Solis released Engage, which is regarded as the industry reference guide for businesses to market, sell and service in the social web.

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