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Elon Musk and the “Attention Economy”: How to Move the World While You Smoke Marijuana?

Zahra Ahmad
11 min readFeb 10, 2021

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Elon Musk sits on his couch, holding his smartphone, and he has opened the “Twitter” application, and with a little browsing and following the news, he decides to write a tweet with no more than 7 words or more.

Then we realize that the stock and financial markets appear to be at the mercy of that short tweet. Waiting for what you decide until you move towards a height or fall into a chasm that has no decision

For long decades, stock market science was a matter that was not circulated among the public. Everyone knows that good news and societal stability are one of the reasons for making a profit in the stock market.

But after we have become in a new era in which so-called “influencers” have the ability to change everything with a written sentence on the Internet, there has become a new type of economics, which is the “attention economy” .

The sentence seems a bit strange and unfamiliar, despite our being we’ve seen it almost every day for years.

How does the Attention Economy Move the World?

In the mid-1990s, as the world of the internet and shopping in its modern sense began to make its way, Herbert Simon, professor of psychology and…

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Zahra Ahmad
Zahra Ahmad

Written by Zahra Ahmad

MSc in Data Science, I love to extract the hell out of any raw data, sexy plots and figures are my coffee

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