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The Age of Extraction: How Tech Platforms Conquered the Economy and Threaten Our Future Prosperity

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In an economic future centered on artificially-intelligent platforms, how can their power be balanced to ensure a broad prosperity for everyone?

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 created, 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 enrish us, but also threatens to marginalize entire industries, widen the wealth gap, and foster a two-class nation.

Tim Wuthe preeminent scholar and former White House official who coined the phrase net neutralityexplores the rise of platform power and details the risks and rewards of working within such systems.The Age of Extractiontells the story of an Internet that promised widespread wealth and democracy in the 1990s and 2000s, only to create new economic classes and aid the spread of autocracy instead. Wu frames our current moment with lessons from recent historyfrom generative AI and predictive social data to the antimonopoly and crypto movementsand envisions a future where technological advances serve the greatest possible good. Concise and hopeful,The Age of Extractionoffers consequential proposals for how to achieve a better economic balance and prosperity for all.

PRODUCT DETAILS :

ISBN : 9781524712952
BY (AUTHOR) Wu, Tim
PUBLISHER : Alfred A. Knopf PUBLICATION DATE : November 04, 2025
COUNTRY OF PUBLICATION : United States IMPRINT : Alfred A. Knopf
LANGUAGE : English AGE : General
PRODUCT FORM : Paperback / softback

DIMENSION : 235 mm x 156 mm
WEIGHT : 369 g

PRODUCT CATEGORY :
Economics, Finance, Business & Management
Law
Society & Social Sciences

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