avatarDavid Tighe

Summary

The article emphasizes the importance of managing one's attention in the digital age, as it is a valuable yet often carelessly spent resource.

Abstract

In the modern world, where technology constantly competes for our attention, the article "Attention Is The New Currency — How Are You Spending It?" argues that time is our most valuable asset, yet we tend to squander it by giving our attention away too freely. The author reflects on a personal experience of being surrounded by multiple devices and acknowledges the struggle to remain present despite the intention to do so. The piece highlights the manipulative tactics used by Big Tech to capture and monetize our attention, often at the expense of our control over our own lives. To combat this, the author suggests four practical strategies to help individuals reclaim their attention: the Phone Foyer Method, using Greyscale on devices, disabling notifications, and educating oneself on the subject. The article underscores the need for deliberate action to protect our attention with the same vigilance we apply to managing our finances.

Opinions

  • The author believes that losing time is more painful than losing money, yet we are more careless with the former.
  • There is a critical view of Big Tech's role in exploiting human psychology to capture attention for profit.
  • The article suggests that we are not fully in control of our lives due to the constant distraction caused by our devices.
  • The author advocates for a proactive approach to managing attention, comparing the necessity of this to the careful management of money.
  • The piece encourages readers to educate themselves on the psychology behind attention-grabbing tactics as a means of empowerment.
  • It is implied that the current state of attention management is not a fair fight, with individuals needing to employ specific strategies to resist the pull of technology.

Attention Is The New Currency — How Are You Spending It?

Time is your most valuable asset

Image Designed By The Author In Figma

Do you know what hurts more than losing money?

Losing time.

The sting of losing money is instant. We have that sinking feeling in the bottom of our stomach and a sense of desperation sweeps over us. We want to get it back at all costs.

Time, on the other hand, we give away for free. And for some strange reason, we never think twice about it.

The ironic thing is that we can always find a way to get more money. We can never get more time.

But we won’t figure it out until it’s too late — unless we intervene today.

Last week, I caught myself in the act.

It was 2 pm on a Wednesday and there I was in my living room, completely distracted and lost in thought.

I try to start each day by setting an intention:

To be as present as possible.

And yet, regularly, I find myself distracted, frustrated and staring blankly across multiple screens.

On this particular day, I managed to reclaim my attention for a split second and suddenly it hit me.

I looked at the armchair on the couch, and my two phones lay there (one work, one personal), face up. I looked at the coffee table and two laptops lay open (also one work and one personal). Finally, to the left of the couch, my iPad.

For good measure, Netflix was streaming on the TV in the background.

So let’s count them up.

That is 6 devices, all vying for my attention, all with the ability to distract me at any moment.

Each time it happens, I ask myself how I let that happen.

But maybe a better question is not how, but why does it keep happening?

Attention is Currency

The currency in today’s world is attention and Big Tech has mastered the art of capturing it.

If they can hold our eyes on the screen and keep us coming back for more, they profit.

This has never sat well with me, for a few reasons.

First Up:

Every allocation of attention is a transaction, and we are on the wrong side of it.

When we buy something, we make sure that we get the best value for our money possible, right?

But when it comes to our attention, it’s a different story.

We give it away in return for mindless entertainment and cheap dopamine.

The recipients of our attention, however, stand to gain massively.

This doesn’t happen by accident.

The brightest minds in the world are working together to hack our human psychology and create an endless craving for dopamine.

Secondly, I am plagued with the feeling that I’m not in control of my life.

At times, I feel completely enslaved by the various devices I use and I’m not alone.

The harsh truth is, we’re not in control right now. They are.

When was the last time you went to the bathroom without bringing your phone? I think the answer to this question says it all.

Setting Boundaries

Through trial and error, what I’ve come to realise is that simply setting intentions is not enough.

The enemy isn’t waking up each morning and simply saying ‘We will capture the attention of millions of people today’ without a clear plan in place.

Instead, they’re hacking psychology, systematically implementing changes to increase the attention they receive.

Well, we need to fight fire with fire.

Here are 4 simple strategies you can put in place to reclaim your attention.

Image Designed By The Author In Figma

The Phone Foyer Method

Put simply, the only place you should keep your phone in the house is your foyer or hall.

Telling yourself you won’t look at your phone if it’s sitting right next to you is not going to work.

The ping or vibration is too irresistible. We need to remove the temptation and this is the simplest way to do it.

You’ll be surprised how well it works.

Greyscale

One of the many reasons we can’t seem to put our phones down is that they are very pleasing to the eye.

The bright colours and images make it irresistible and we keep going back for more.

Thankfully, buried within the settings of our phones you will find Greyscale.

Enabling this feature will remove all the colours from your phone and help reduce the constant demand for your attention.

Notifications

When was the last time you received a notification and decided ‘I’ll check that later’?

I guess that it doesn’t happen often.

Each time we hear the sharp ping pierce the air, or the vibration in our pockets, it’s almost impossible to avoid checking.

So, take it out of the equation — Mute all notifications in your apps today.

Educate Yourself

Knowledge is power.

The more you read and understand about the battle for attention, the more likely you are to beat it.

These 4 books will give you quick, actionable strategies to implement today:

Time, like it always has, remains our most valuable resource.

Yet, we frivolously give it away. And what’s worse, we’re not even conscious of it most of the time.

It’s not a level playing field. It’s no longer sufficient to just set an intention to stay off your phone. You need to implement strategies and stick to them daily.

Start treating your attention as ruthlessly as you do money.

Protect it at all costs.

Do you have any tips for protecting your attention? Let me know in the comments.

About the Author

My name is Dave 👋

I’m always on the hunt for strategies to unlock high performance and dedicated to assisting others in their journey towards self-improvement.

If you enjoyed this article, please consider following me and subscribing to receive my articles directly to your inbox.

Note: This article contains affiliate links, which means I may earn a commission if you purchase through these links. There is no extra cost to you, and I only recommend products and services that I believe in.

Focus
Productivity
Attention
Self Improvement
Technology
Recommended from ReadMedium