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Economy of Attention: Definition and Challenges for the Twenty-First Century

In: The Palgrave Handbook of Corporate Sustainability in the Digital Era

Author

Listed:
  • Santiago Giraldo-Luque

    (Autonomous University of Barcelona, Catalonia)

  • Cristina Fernández-Rovira

    (University of Vic – Central University of Catalonia)

Abstract

One of the key elements in today’s information society is the economy of attention. The new structured oligopoly based on information goods (i.e., user’s data) is concerned about how to control the time and attention of Internet users. While consumers and prosumers are aware of the excessive use they make of digital devices, and the homogenizing result of this habit, users continue to use them in the same way. This chapter develops the concept of the economy of attention and examines four challenges for the digital economy: the construction of oligopolies based on information, the social and cultural homogenization, the technological challenges for the promotion of equity in the workplace, and the responsible and ethical use of technology. The text introduces the economy of attention as a concept that must be taken into account to conceive creative ways of understanding the digital economy from a human and an ethical perspective.

Suggested Citation

  • Santiago Giraldo-Luque & Cristina Fernández-Rovira, 2021. "Economy of Attention: Definition and Challenges for the Twenty-First Century," Springer Books, in: Seung Ho Park & Maria Alejandra Gonzalez-Perez & Dinorá Eliete Floriani (ed.), The Palgrave Handbook of Corporate Sustainability in the Digital Era, edition 1, chapter 0, pages 283-305, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-42412-1_15
    DOI: 10.1007/978-3-030-42412-1_15
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