Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    composable analytics
    How Composable Analytics Unlocks Modular Agility for Data Teams
    9 Min Read
    data mining to find the right poly bag makers
    Using Data Analytics to Choose the Best Poly Mailer Bags
    12 Min Read
    data analytics for pharmacy trends
    How Data Analytics Is Tracking Trends in the Pharmacy Industry
    5 Min Read
    car expense data analytics
    Data Analytics for Smarter Vehicle Expense Management
    10 Min Read
    image fx (60)
    Data Analytics Driving the Modern E-commerce Warehouse
    13 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: An Attention Ponzi Scheme?
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Uncategorized > An Attention Ponzi Scheme?
Uncategorized

An Attention Ponzi Scheme?

Daniel Tunkelang
Daniel Tunkelang
4 Min Read
SHARE

There’s been a lot of chatter in the blogosphere lately about whether the number of followers a person has on Twitter is indicative of that person’s authority. I give Loic Le Meur credit for starting this discussion. The most popular alternative seems to be to measure how many times someone’s messages are retweeted.

I find the debate over Twitter authority morbidly fascinating, like a car accident from which I can’t look …

There’s been a lot of chatter in the blogosphere lately about whether the number of followers a person has on Twitter is indicative of that person’s authority. I give Loic Le Meur credit for starting this discussion. The most popular alternative seems to be to measure how many times someone’s messages are retweeted.

More Read

Shovel-ready SOA
New Generation of Learning Management Systems Delivers Business Value
Enabling Exploration Through Text Analytics
You are a Social Network
By the Dashboard Light

I find the debate over Twitter authority morbidly fascinating, like a car accident from which I can’t look away. But I’m more interested in a different question: what does it mean to follow someone on Twitter?

A few months ago, I wrote:

Connections in Twitter reflect real value. They correspond to investments of attention. Someone with many followers is much like an author with many readers. While I’m sure this metric can be gamed (e.g., by creating bogus Twitter accounts and having them follow you), at least Twitter has the model right in principle.

How naive of me! Consider the following:

  • Robert Scoble follows over 20,000 people
  • Guy Kawasaki follows over 44,000 people
  • Barack Obama  follows over 164,000 people

Clearly following someone does not correspond to an investment of attention for these people. And, while they may be extreme cases, I’ve noticed that it’s not unusual for someone to follow over 500 people. I have a hard time believing that anyone pays that much attention to that many people?

Why would anyone follow that many people? The obvious reason is the expectation of reciprocity: following someone often leads to their following back. And many people want to have more followers, possibly as a status symbol, but perhaps out of a sincere desire to exert greater influence. But if following someone doesn’t actually correspond to an investment of attention, then these efforts are a complete waste of time, the attention economy equivalent of a Ponzi scheme.

There’s nothing unique about Twitter here; the same phenomenon seems to take place in every social networking platform. But the minimal nature of Twitter exposes this silliness in its purest form.

To be clear, there are people who are really using Twitter to interact with other people. I consider myself one of them. I put a hard cap at 200 people as the number I can plausibly hope to follow, and I unfollow people if I find I’m not interacting with them, e.g., because my interest in them is strictly professional but they use Twitter primarily for personal / social expression.

I’m not so presumptous as to tell people how they should use Twitter and other social networks. Live and let live. But I don’t see why the Ponzi scheme of chasing for followers / connections hasn’t burst. It would be nice to see a social network use a concept of scarcity to ensure that connections are valuable. End attention inflation now!

Link to original post

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

student learning AI
Advanced Degrees Still Matter in an AI-Driven Job Market
Artificial Intelligence Exclusive
mobile device farm
How Mobile Device Farms Strengthen Big Data Workflows
Big Data Exclusive
composable analytics
How Composable Analytics Unlocks Modular Agility for Data Teams
Analytics Big Data Exclusive
fintech startups
Why Fintech Start-Ups Struggle To Secure The Funding They Need
Infographic News

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

The Napoleonic Wars – Timely and Near Enough was Good Enough

5 Min Read

Transform HR into a strategic business function

3 Min Read

Transparency vs. Simplicity

4 Min Read

Defining Cloud Computing for Business Users

12 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?