Long Term Unsustainability Of Closed Platforms

Long-term unsustainability of existing The Attention Economy based on corporate-owned silos of user data.

Why Google and Facebook in their current shape are unsustainable once we hit the vertical information growth:

• huge advantage in attention capital to money capital exchanges (due to data monopoly, can offer advertisers more efficient attention<->capital exchanges due to informational advantages)
• incompatible economic incentives of aggregators and users (attention aggregators get competitive advantage from user data lock-in, users would get advantage from using their data elsewhere)
• data sets for AI training created by users for free , owned by aggregators for profit
• exploiting human biases to extract attention