Fear of missing out: Difference between revisions
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'''Fear of missing out (FOMO)''' is a psychological phenomenon where a person feels like they are missing out on something that could improve or make life more enjoyable for themselves.<ref>https://www.bostonmagazine.com/news/2014/07/29/fomo-history/</ref> | [[wikipedia:Fear of missing out|'''Fear of missing out (FOMO)''']] is a psychological phenomenon where a person feels like they are missing out on something that could improve or make life more enjoyable for themselves.<ref>https://www.bostonmagazine.com/news/2014/07/29/fomo-history/</ref> | ||
As it relates to negative business practices, FOMO refers to the use of time limited availability to instill a (sometimes false) sense of urgency in users, causing them to devote more time and/or money in order to acquire a product, service, or digital item. | As it relates to negative business practices, FOMO refers to the use of time limited availability to instill a (sometimes false) sense of urgency in users, causing them to devote more time and/or money in order to acquire a product, service, or digital item. |