Current:Home > MarketsAn Economist's Advice On Digital Dependency -Nova Finance Academy
An Economist's Advice On Digital Dependency
View
Date:2025-04-18 18:11:19
American adults spend more than four hours on their mobile phones on average. A lot of that can be for work, convenience, and human connection. But... we all know the guilty feeling when we realize we've accidentally spent hours mindlessly watching YouTube videos or scrolling through social media.
Researchers Hunt Alcott, Matthew Gentzkow and Lena Song wrote a working paper titled Digital Addiction. They conducted a behavioral economics study on digital device usage. By giving people monetary incentives to cut their usage and providing blocking apps, their study participants did substantially reduce their phone usage. Their data suggests that around 31 percent of the people's social media usage is because of problems with self-control.
But there's hope! Lena told us that by using commitment devices like blocking apps, we can overcome that compulsion to constantly check our phones.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
veryGood! (2312)
Related
- Louvre will undergo expansion and restoration project, Macron says
- Human remains improperly stored at funeral home with environmentally friendly burials
- $1.4 billion jackpot up for grabs in Saturday's Powerball drawing
- Billboard Latin Music Awards 2023: Peso Pluma, Bad Bunny and Karol G sweep top honors
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- AP Week in Pictures: Latin America and Caribbean
- Migrants pass quickly through once impenetrable Darien jungle as governments scramble for answers
- DJ Moore might be 'pissed' after huge night, but Chicago Bears couldn't be much happier
- Questlove charts 50 years of SNL musical hits (and misses)
- NFL Week 5 picks: 49ers host Cowboys in what could be (another) playoff preview
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Georgia’s governor continues rollback of state gas and diesel taxes for another month
- Prada to design NASA's new next-gen spacesuits
- Buy now pay later apps will get heavy use this holiday season. Why it's worrisome.
- The Grammy nominee you need to hear: Esperanza Spalding
- Goshdarnit, 'The Golden Bachelor' is actually really good
- Suspect arrested in attempted abduction of University of Virginia student
- William Friedkin's stodgy 'Caine Mutiny' adaptation lacks the urgency of the original
Recommendation
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
FTX founder slept on beanbag at $35M Bahamas apartment: Witness
Retired Australian top judge and lawyers rebut opponents of Indigenous Voice
UK’s opposition Labour Party gets a boost from a special election victory in Scotland
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
A Russian missile attack in eastern Ukraine kills a 10-year-old boy, a day after a rocket killed 51
Kentucky had an outside-the-box idea to fix child care worker shortages. It's working
Jailed Iranian activist Narges Mohammadi wins Nobel Peace Prize