Talent in the Age of Abundance

in #abundance6 years ago (edited)

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If you are the most talented one per a thousand people, then there are almost 8 million people like you in the world. And in such a world talent itself doesn’t already mean almost anything, as the value created by any single author is negligible comparing to the aggregate value that is created at this moment by the entire humanity. An amateur poet posting haiku at a writers' forum could be more talented than Basho... along with millions of other authors whose creations will never reach the mass reader.

This is the end of art as we knew it: content no longer matters, because we live in the age of abundance of information and talent.

The question is how to continue creating intellectual value when its offer far exceeds the limited attention span we humans have.

While in the pre-information era talent was a rare commodity able to attract more than enough attention, now it's the other way round: we’ve got the excess of talent and the lack of attention. Attention is becoming an increasingly expensive commodity and the main object of trade (the recent Facebook story is an illustrative example of this). By the way, there is also a positive example, namely how one can get paid for paying attention: Brave browser with its Basic Attention Token just approaching to the release of the "get paid" portion of the platform.

The attention economy is replacing the content economy. But if time put in content creation no longer equals money, then it is necessary to find a way to reduce the global competition for attention while letting content creators earn rewards for their effort. Because society still needs people who produce intellectual value if it doesn’t want to degrade.

One of the solutions could be self-governing niche communities that allocate roles, attention, and rewards. Because if a community counts one thousand people and you are the most talented of them in specific aspect (and there is a role for everyone in a community), then things fall into their places again. From mass culture pretending to universality, we are moving on to a conglomerate of many niche cultures.

Steem made such a model possible, and this is only beginning. Soon we will see the flowering of niche blockchain communities which will go much further, setting their own standards and rules of the game. Culture ceases to be centralized, and this is very good news.

Photo by James Harris / Unsplash

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Wow, this is a good futuristic thought. Not waiting for the consuming problem.

I strongly believe that attention economy is temporarily thriving because people are becoming mentally lazy and unable to make good choices due to the distractions from the attention economy. They are unable to filter and discard the adulterated.

I also like the way you put it in text below...

if time put in content creation no longer equals money, then it is necessary to find a way to reduce the global competition for attention while letting content creators earn rewards for their effort. Because society still needs people who produce intellectual value if it doesn’t want to degrade.

That is a brilliant way to present it and another word for it is regulation which today's society doesn't want.

Self governing niche communities may go a long way to check this problem but in the long and eventually short run it may later be viewed as regulatory.

Nice thinking though. I like people who think ahead of time. This is one very big problem that could consume the content industry if not checked on time.

Thanks and keep steeming. I enjoy your great contents. They come from a great mind.

Thanks for a thoughtful comment. As far as I know, there were proposals to regulate attention economy, but so far big guys have nothing to be afraid of. Maybe the community way could be faster and also more efficient.

Do you want me resteem your post to over 72,500 followers? Go here: https://steemit.com/@a-0-0

Thank you for a thought provoking article. I agree with you, once news breaks about some accusation, there is not enough attention to wait for the trial. In public opinion they are "guilty until proven innocent". I hope this trend reverses soon.

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