November 05, 2006

Abundance .vs. Scarcity

This is a good post by Dare Obasanjo commenting on economies of abundance .vs. scarcity with respect to the digital abundance of Internet and the scarcity of time and attention with respect to human intelligence. The Economy of Abundance and Other Fairy Tales.
I first heard the phrase 'economoy of abundance' many years ago in a story called "Manna" by Lee Correy (pseudonym of G. Harry Stine) - a neat science fiction story. I wonder where it first came into use...

Most successful Web companies today are exploiting the scarcity of attention and time that plagues all humans. In a world where there a hundred million websites the problem isn't lack of content, it is finding the right content.

No comments: