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

Today’s dominant tech platforms are the most effective tools ever created for extracting wealth, destabilising the societies they plunder by creating vast inequality.One of the world's pre-eminent anti-monopoly experts explains how and why we must take back control. 'Wu is a titan . . . a must-read' FINANCIAL TIMES'Cuts to the core' CORY DOCTOROW, author of Enshittification'Essential' 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