Herbert Simon on Information
Quote by Herbert Simon on Information: What information consumes is rather obvious: it consumes the attention of its recipients. Hence a wealth of information creates a poverty of attention, and a need to allocate that attention efficiently among the overabundance of information sources that might consume it. It sounds quite like the Scientific American article The Tyranny of Choice which says that after a point, more choice causes unhappiness. The satisfaction of picking the best choice is less, because the second best is almost as good. And you’re more likely to not pick the best – because there are so many choices – and will regret it more often. ...