From ‘FOMO’ to ‘JOMO’: Understanding the Psychology Behind Rise of the ‘Joy of Missing Out’ Economy

Pune, 24th March 2025: In an era dominated by hyperconnectivity and digital oversaturation, the Fear of Missing Out (FOMO) has long dictated consumer behavior and social interactions. However, a quiet revolution is underway—one that champions the Joy of Missing Out (JOMO). This shift, rooted in intentional solitude, slower living, and mindful consumption, is reshaping how businesses, influencers, and social events operate. As individuals embrace a more sustainable and fulfilling way of life, the JOMO economy is emerging as a counterforce to the relentless hustle culture, compelling industries to adapt accordingly.

The Psychological Shift: Understanding JOMO

JOMO represents a deliberate choice to disconnect from the pressures of being constantly engaged, instead prioritizing self-reflection, meaningful experiences, and mental well-being. Research suggests that excessive social media engagement, fueled by FOMO, is linked to higher levels of anxiety and depression (Hunt et al., 2018). By contrast, the practice of JOMO promotes a healthier relationship with technology and social obligations, reducing stress and enhancing overall life satisfaction (Przybylski et al., 2013).

The pandemic accelerated this transition, as global lockdowns forced individuals to reevaluate their lifestyles. A McKinsey & Company report (Fabius, 2020) found that 75% of consumers reevaluated their priorities, with many shifting toward simpler, more intentional living. People began appreciating the value of solitude, slow living, and experiences over material possessions—laying the groundwork for the JOMO economy.

The Business of JOMO: How Companies Are Adapting

With consumers gravitating toward minimalist consumption and digital detoxes, businesses are pivoting to cater to these changing preferences. The wellness industry, for instance, has seen a surge in demand for mindfulness apps, guided meditations, and self-care products. Companies like Headspace and Calm have capitalized on this trend, offering services that encourage digital disconnection and mental well-being (Kushlev et al., 2017).

Similarly, the hospitality sector is embracing JOMO by promoting “off-the-grid” travel experiences. Luxury resorts and eco-lodges now market “digital detox” retreats, offering spaces free from Wi-Fi and social media distractions. According to a 2022 report by the Global Wellness Institute, demand for silent retreats and nature-based travel has increased by 38% since 2020, reflecting a growing preference for restorative, tech-free experiences.

The fashion and retail industries are also aligning with the JOMO philosophy. The rise of the “quiet luxury” trend-favoring timeless, high-quality pieces over fast fashion-demonstrates a shift toward conscious consumerism. Brands like Everlane and Patagonia emphasize ethical production and sustainability, catering to shoppers who value mindful purchasing over impulsive consumption (Lipartia, 2023).

Social Events and Entertainment: Less Is More

The JOMO mindset is reshaping social events, with many opting for smaller, more intimate gatherings over large, high-energy parties. “Slow socializing” has become a buzzword, emphasizing deep, meaningful interactions rather than surface-level engagements. Events now prioritize mindfulness, from sound baths and tea ceremonies to silent dinners that encourage participants to be present in the moment.

Even the entertainment industry is adapting. Streaming platforms have introduced features like “mindful watching,” where curated playlists encourage slower content consumption rather than binge-watching. Podcasts and audiobooks that focus on personal growth, mindfulness, and slow living are also gaining popularity, reflecting a broader cultural embrace of JOMO (Nielsen, 2021).

Influencers and the JOMO Movement

Social media influencers, once the driving force behind FOMO culture, are now reshaping their content to align with JOMO principles. Many creators are advocating for digital detoxes, slower living, and authenticity over curated perfection. The rise of the “de-influencing” trend on TikTok and Instagram encourages followers to resist impulsive shopping and embrace intentional consumption (Faithfull, 2023).

This shift is also evident in the growing popularity of “slow content.” Unlike traditional social media formats designed for rapid engagement, slow content prioritizes depth and quality over frequency. Platforms like Substack and Patreon have provided a space for creators to produce thoughtful, long-form content without the pressure of algorithm-driven virality (Chen, 2023).

The Future of the JOMO Economy

As JOMO continues to gain traction, its long-term implications extend beyond individual well-being to broader societal and economic shifts. Companies that embrace sustainability, ethical consumption, and mental well-being will likely thrive in this evolving landscape. Moreover, as digital fatigue intensifies, industries that promote balance and intentional living will hold increasing appeal.

The JOMO economy challenges the traditional capitalist narrative that equates success with constant productivity and consumption. Instead, it proposes an alternative-one where happiness is derived from presence, authenticity, and contentment rather than external validation. In this new era, missing out is not a loss but a conscious gain, leading to richer, more meaningful experiences.

Conclusions

The rise of the JOMO economy marks a cultural shift from hyperconnectivity and consumerism toward intentional living, mindfulness, and sustainable well-being. As individuals prioritize digital detoxes, slower social interactions, and conscious consumption, industries are adapting to meet these evolving preferences. This movement challenges the traditional narrative that equates success with constant engagement, instead emphasizing fulfillment through presence and authenticity. With digital fatigue on the rise, JOMO offers a compelling alternative-one where missing out is not a loss but a deliberate choice for a more balanced and meaningful life.

Authors: Prof. Garima Rajan, Faculty of Psychology, FLAME University & Khushi Shah, FLAME Alumna.