The Economics of (In)Attention in YouTube Shakespeare
Abstract
Cluster: Modes and Models of (In)Attention
Economic metaphors have long been used as shorthand for the aesthetic, literary, cultural, or rhetorical value of Shakespearean appropriations: Shakespeare possesses and confers cultural capital; he is "big-time" art (Bristol 1996). Economic metaphors are also central to discussion of the cultural dynamics of Web 2.0: we live in an information economy and are driven by an economics of attention, as defined by Richard A. Lanham (2006). Since its founding in May 2005, YouTube has sought to exploit the economics of attention by linking "real" dollars to a video's ability to attract viewers. YouTube, however, has never been profitable, so that the economics of attention on the site has become a self-perpetuating phenomenon — artistic and social, without conferring capital. This essay suggests as well a further revision to YouTube's participation in the economics of attention. Particularly in the case of amateur YouTube Shakespeare appropriations, the site's dynamics operate through a dialectic between the art of creating and consuming attention structures and a residual resistance to the compulsion to get and give attention. Central to the experience of the bard on YouTube is a complementary economics of (in)attention.