The endless malleability of digitization makes for endless variety in rent-seeking, and cataloging all the different forms of digital rent-extraction is a major project in this Age of Enshittification. "Algorithmic Attention Rents: A theory of digital platform market power," a new #UCL #InstituteForInnovationAndPublicPurpose paper by @timoreilly, #IlanStrauss and #MarianaMazzucato, pins down one of these forms:

https://www.ucl.ac.uk/bartlett/public-purpose/publications/2023/nov/algorithmic-attention-rents-theory-digital-platform-market-power

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Algorithmic Attention Rents: A theory of digital platform market power

Authored by Tim O'Reilly, Dr Ilan Strauss and Professor Mariana Mazzucato

UCL Institute for Innovation and Public Purpose