In a similar (but perhaps unrelated) vein, his hypothetical about amateurs freely volunteering their words to the New York Times is precisely what has been happening in the photography world for quite a few years, with a resulting range of pricing: Flickr, vs. stock photography sites, vs. traditional publishers like Getty.
The Value of Attention
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Re: The Value of Attention
#12[deleted]
Re: The Value of Attention
#13Very much enjoyed this. Perhaps this adds even more weight to Dale Carnegie's advice about listening to people. I have some friends who barely know anything about me but are fond of me just because I let them speak as much as they like.
Re: The Value of Attention
#14'Someday an entrepreneur will make a fortune by figuring out how to monetize personal attention in the most efficient way.'
pimps
Re: The Value of Attention
#15Great article, one of the best writing voices i've ever come across i have to say.
Its possible i may have mis-understood the article, but arent Facebook and Twitter in the best position to monetize this?
I mean "status updates" are exactly that, no? A cry for attention?
Obviously he's talking about paying someone to give you that attention, but would Facebook not be in a very good position to work out who wants it the most, in what way, and how much (roughly) they are willing to pay?
Just a theory