The Age of Extraction: How Tech Platforms Conquered the Economy and Threaten Our Future Prosperity - Hardcover
Synopsis
The Age of Extraction explores how today’s dominant tech platforms manipulate attention, extract wealth, and deepen inequality – urging us to recognize their influence and reclaim control to create a balanced economy that works for all.
'Insightful' CORY DOCTOROW
'Essential reading' KAREN HAO
'A how-to book on how we can achieve liberty' MATT STOLLER
'A passionate call for a fairer economy' DARON ACEMOGLU
Our world is dominated by a handful of tech platforms. They provide great conveniences and entertainment but also stand as some of the most effective instruments of wealth extraction ever invented, seizing immense amounts of money, data and attention from all of us. An economy driven by digital platforms and AI influence offers the potential to enrich us, and yet likewise threatens to marginalize entire industries, widen the wealth gap, and foster a two-class nation. As technology evolves and our markets adapt, can society cultivate a better life for everyone? Is it possible to balance economic growth and egalitarianism – or are we too late?
The Age of Extraction tells the story of an internet that promised widespread wealth and democracy in the 1990s and 2000s, only to aid the spread of autocracy instead. Tim Wu, the preeminent scholar and former White House official who coined the phrase 'net neutrality', frames our current moment with lessons from recent history – from generative AI and predictive social data to the anti-monopoly and crypto movements. And, perhaps most importantly of all, Wu envisions a future where technological advances are able to serve the greatest possible good, for everyone.
Concise and hopeful, The Age of Extraction offers consequential proposals for taking back control to achieve a better economic balance and prosperity for all.
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About the Author
Tim Wu is Julius Silver Professor of Law, Science and Technology at Columbia Law School. He worked in the White House as special assistant to President Biden for technology and competition policy, and is the author of The Master Switch and The Attention Merchants. He currently splits his time between New York City and Oxford.
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The Age of Extraction (Hardcover)
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Vintage Publishing, London, 2025
ISBN 10: 1847927114
ISBN 13: 9781847927118
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Hardcover. Condition: new. Hardcover. One of the world's foremost exponents of anti-monopoly law explains how Big Tech is strangling our economies and how to stop itToday's tech platforms are some of history's most advanced tools for extracting as much as possible - data, attention, profit-margins - from everyone else. As they become essential, we are at risk of building an economy that is perpetually unfair for much of humanity.Places and spaces where people can exchange information and goods have been at the heart of every economy and every civilization in history, but today's global platforms - as provided by Amazon, Google, Apple, Meta and others - are different- instead of providing value they extract it, creating vast disparities in wealth and power between the haves and have-nots. For the first time in history, we have the ability to create sustainable prosperity for all, but currently that wealth is concentrated in a tiny number of hands. It isn't abundance that's the problem; it is distribution.In this brilliantly engaging, frequently surprising account, Tim Wu, one of the world's foremost experts on anti-monopoly law, draws on fascinating case studies in the history of technology's explosive rise to demonstrate emphatically that breaking monopolies will ultimately unleash creativity and growth - and reduce the vast inequality that inevitably leads to social upheaval and political chaos. Wu also sets out an alternative blueprint that preserves the economic flourishing that platforms catalyze, allowing tech platforms to play a major role in creating and sustaining an economic model of prosperity not just for the few but for the many. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781847927118
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The Age of Extraction: How Tech Platforms Conquered the Economy and Threaten Our Future Prosperity
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The Age of Extraction (Hardcover)
Published by
Vintage Publishing, London, 2025
ISBN 10: 1847927114
ISBN 13: 9781847927118
New
Hardcover
Seller: AussieBookSeller, Truganina, VIC, Australia
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Hardcover. Condition: new. Hardcover. One of the world's foremost exponents of anti-monopoly law explains how Big Tech is strangling our economies and how to stop itToday's tech platforms are some of history's most advanced tools for extracting as much as possible - data, attention, profit-margins - from everyone else. As they become essential, we are at risk of building an economy that is perpetually unfair for much of humanity.Places and spaces where people can exchange information and goods have been at the heart of every economy and every civilization in history, but today's global platforms - as provided by Amazon, Google, Apple, Meta and others - are different- instead of providing value they extract it, creating vast disparities in wealth and power between the haves and have-nots. For the first time in history, we have the ability to create sustainable prosperity for all, but currently that wealth is concentrated in a tiny number of hands. It isn't abundance that's the problem; it is distribution.In this brilliantly engaging, frequently surprising account, Tim Wu, one of the world's foremost experts on anti-monopoly law, draws on fascinating case studies in the history of technology's explosive rise to demonstrate emphatically that breaking monopolies will ultimately unleash creativity and growth - and reduce the vast inequality that inevitably leads to social upheaval and political chaos. Wu also sets out an alternative blueprint that preserves the economic flourishing that platforms catalyze, allowing tech platforms to play a major role in creating and sustaining an economic model of prosperity not just for the few but for the many. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. Seller Inventory # 9781847927118
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The Age of Extraction : How Tech Platforms Conquered the Economy and Threaten Our Future Prosperity
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Vintage Publishing Nov 2025, 2025
ISBN 10: 1847927114
ISBN 13: 9781847927118
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Buch. Condition: Neu. Neuware - Today's dominant tech platforms manipulate attention, extract wealth and deepen inequality - we must take back control, if we are to create a balanced economy that works for everyone.'A must read' FINANCIAL TIMES'Insightful' CORY DOCTOROW, author of Enshittification'Essential reading' KAREN HAO, author of Age of EmpireOur world is ruled by a handful of tech platforms. They provide great conveniences and entertainment but also stand as some of the most effective instruments of wealth extraction ever invented, seizing immense amounts of money, data and attention from all of us. An economy driven by tech and AI could enrich us, yet it could also marginalize entire industries, widen the wealth gap and foster a two-class nation. As technology evolves and our markets adapt, can society cultivate a better way Is it possible to balance economic growth and egalitarianism, or are we too late Tim Wu, the preeminent scholar and former White House official who coined the phrase 'net neutrality', tells the story of an internet that promised widespread wealth and democracy, only to aid the spread of autocracy instead. From generative AI and predictive social data to antitrust and cryptocurrency, Wu frames our current moment within key lessons from recent history. And, perhaps most importantly of all, Wu envisions a future where technological advances serve the greatest possible good - for everyone.Concise and hopeful, The Age of Extraction offers consequential proposals for reclaiming control to achieve better economic balance and prosperity for all.'A passionate call for a fairer economy' DARON ACEMOGLU, co-author of Why Nations Fail'A how-to book on how we can achieve liberty' MATT STOLLER, author of Goliath. Seller Inventory # 9781847927118