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Equation 2 · Part 1 · When Generation Becomes Free, Attention Becomes the Scarce Good

Symbol t

tt
tt

What this part means

t is a part of this expression. Its role is fixed by the surrounding article and by the operations shown in the formula.

Its job in the formula

t is a part of this expression. Its role is fixed by the surrounding article and by the operations shown in the formula.

The passage around this formula

An accounting identity makes the consequence visible. Let GtG_t be the number of claims placed before some audience in period t , let AtA_t be that audience’s total attention budget, and let cvc_v be the average attention cost of verifying one claim. The number of claims that can be verified, and the fraction ϕt\phi_t of what arrives that is actually checked, are then

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Learn the underlying idea

A variable is a named place for a value. Its letter is a local label: x can mean position in one formula and a data point in another.

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