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Equation 9 · Part 1 · When Generation Becomes Free, Attention Becomes the Scarce Good

Symbol G_t

GtG_t
GtG_t

What this part means

GtG_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

GtG_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

This is bookkeeping, not a finding. Its only content is what it forbids. Simon’s point was that AtA_t is bounded by hours and by human processing capacity, and that this bound is not responsive to technology in the way that GtG_t is. If GtG_t rises by an order of magnitude, ϕt\phi_t falls by an order of magnitude unless cvc_v falls proportionally or AtA_t expands proportionally. Institutions are the mechanism by which societies have historically pushed on cvc_v . Nothing pushes usefully on AtA_t .

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Learn the underlying idea

A subscript is a label attached below a symbol. It often selects a time step, component, category, or member of a sequence.

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