It’s the Attention Economy and We’re All Broke

Fifth Avenue Storm by Guy Carleton Wiggins (public domain - Wikimedia Commons)

Choice of attention—to pay attention to this and ignore that—is to the inner life what choice of action is to the outer. In both cases man is responsible for his choice and must accept the consequences.
— W.H. Auden, 1973
 

The modern world insists that time is our scarcest resource. It isn’t. Time keeps going whether we notice it or not.

Attention, by contrast, is finite, fragile, and deeply revealing. What we give our attention to becomes our life. What we withhold it from slowly disappears.

To give someone — or something — your full attention is not a minor courtesy. It is an act of care.


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Economists have been telling us for decades that we inhabit an “attention economy,” but the phrase understates the stakes. Attention is not merely traded; it is consumed.

Platforms compete for it, algorithms harvest it, and entire business models depend on keeping it fractured. The result is a culture rich in stimulus and poor in meaning.

 

Proximity without Presence

Research bears out what experience already teaches. Studies on multitasking and task-switching consistently show that divided attention degrades comprehension, decision quality, and memory.

What we call multitasking is usually rapid context-switching, and the cognitive toll is steep. Each switch exacts a tax on working memory and focus. We feel busy, but we grow shallow.

Other research points in a more hopeful direction. When people experience genuine, sustained attention — particularly in conversation — trust rises. Psychological safety improves, retention of information increases, and being listened to attentively doesn’t merely feel good; it changes behavior. People think more clearly when they are truly heard.


This should not surprise us. Long before neuroscience entered the conversation, philosophers understood attention as a moral faculty.

Simone Weil called attention “the rarest and purest form of generosity.” William James argued that an education which improves attention would be “the education par excellence.” They were not speaking metaphorically. They were describing a discipline — one that forms character.

 

In our personal lives, attention is the scaffolding of relationships. Children learn who they are by noticing where adults place their gaze. Partners measure devotion not by declarations but by presence. Friendships endure because someone was willing to stay with a thought, a story, a silence.

Proximity without presence, however, has become the dominant condition of modern life. We sit together while scrolling elsewhere. We half-listen, waiting for our turn to speak — or for the next interruption. The body is present; the mind is absentee. Over time, this quiet erosion produces loneliness in plain sight.

Leadership suffers the same fate.

 

Most leadership teams do not suffer from a lack of intelligence, data, or effort. They suffer from misdirected attention, leading to a poor use of time.

Time—how it is allocated, interrupted, protected, or squandered—quietly determines:

  • What decisions get made (and which never do)

  • Whether strategy is real or rhetorical

  • How accountability is practiced—or avoided

  • What behaviors the organization copies downstream

Time management is not about squeezing more work into the day. It is about aligning attention, intention, and obligation—to oneself, to others, and to the work that actually matters.

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Attention, Uninterrupted

In organizations, attention is strategy masquerading as courtesy. Leaders who pay close attention see emerging risks before they metastasize. They hear dissent before it calcifies into disengagement and before morale erodes.

Study after study shows that employee engagement correlates strongly with the perception that one’s manager is genuinely attentive — not available in theory, but present in fact.

Yet many workplaces are designed to prevent attention from ever settling. Consider the many meetings that could have been emails, emails that could have been Slacks, and the multiple Slack channels that proliferate. Leaders mistake responsiveness for effectiveness, thinking motion means progress. The result is not alignment, but exhaustion.

Here the research on focus and “deep work” becomes instructive. Sustained, uninterrupted attention is strongly associated with higher-quality output, faster learning, and more original thinking. The work that matters most — strategic planning, creative synthesis, moral reasoning — cannot be done in fragments.

It requires stillness and interruption-free time, treating attention almost as a sacred object. The cost of ignoring this truth is not merely lower productivity. It is the loss of agency.

When attention is perpetually hijacked, we become reactive rather than reflective. We respond instead of choosing.

 

Distraction Takes a Toll

Consider the current state of the never-ending news cycle. Our anxiety is rising not because the world is more dangerous, but because the mind is never allowed to rest in one place long enough to make sense of it.

This is the deeper danger of distraction: it flattens thought. A culture trained on endless interruption loses its taste for complexity, patience, and depth.

The long view gives way to the trending topic. Wisdom yields to immediacy.

 

Attention Requires Intention and Boundaries

My experience is what I agree to attend to. Only those items which I notice shape my mind — without selective interest, experience is an utter chaos.
— William James, 1890

Attention is not something we either possess or lack. It is something we practice.

Practicing attention does not require retreating to a monastery or renouncing technology. It requires intention. Single-tasking rather than stacking. Turning off notifications when presence matters most. Creating rituals that protect uninterrupted time — for thinking, listening, reading, and making sense of what we already know.

It also requires boundaries. Attention, like any valuable asset, must be defended. If everything demands it, nothing deserves it. Choosing where not to place attention is as important as choosing where to invest it.

 

Hold the Mirror Up to Nature

Ultimately, attention is a mirror. It reflects what we value more accurately than our mission statements or our self-descriptions. We become what we repeatedly attend to. Our relationships, our work, our inner lives all bear the imprint of that choice.

In a civilization engineered for distraction, the decision to pay full attention is quietly subversive. It resists commodification. It restores dignity.

It reminds us and those around us that we matter enough to be noticed.

Attention is the most valuable resource you have because it is the one thing no one can give for you.

Spend it wisely.


There’s so much to learn,

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Authenticity As a Culture-Setting Tool