The actionable economy

When facing real problems, people tend to prefer solutions to entertainment — hopefully

Short post today.¹

During a bubble, when money is raining on fools, the only problem is boredom, and useless entertainment allows the “attention economy” to thrive. During hard times (e.g., a crisis, a recession, or a depression), people have real problems, and the attention should refocus on solving the problems.²

The medium may not change, and monetization will always drive incentives.³ But as layoffs happen, the people that have lost their jobs will find new and better ways to provide value.

Hopefully.