Note on Pluralistic: Tiktok's Enshittification via Cory Doctorow

“Monetize” is a terrible word that tacitly admits that there is no such thing as an “Attention Economy.” You can’t use attention as a medium of exchange. You can’t use it as a store of value. You can’t use it as a unit of account. Attention is like cryptocurrency: a worthless token that is only valuable to the extent that you can trick or coerce someone into parting with “fiat” currency in exchange for it. You have to “monetize” it – that is, you have to exchange the fake money for real money.

FROM:

Cory Doctorow

Pluralistic: Tiktok's Enshittification

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