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.
Herbert Alexander Simon (June 15, 1916 – February 9, 2001) was an American economist, political scientist and cognitive psychologist, whose primary research interest was decision-making within organizations and is best known for the theories of "bounded rationality" and "satisficing".
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