The Age of Extraction

Tim Wu is a titan in the world of competition policy in digital markets … [His] record of insight, indeed prescience, makes his new book, The Age of Extraction, a must read * Financial Times *A manual to the oligarchic takeover of the internet as well as the broader economy that now depends upon it … [whose] proposed solutions for fixing the internet provide hope, not least because of how simple they are * New Statesman *The paradox of the platform: without middlemen, we’d all be stuck, but those same middlemen are forever working to declare themselves to be our bosses. Wu’s characteristically insightful book cuts to the core of these world-consuming, usurping enshittifiers, and tells us how to stop them – Cory Doctorow, author of EnshittificationThe magic of Tim Wu’s The Age of Extraction is its simplicity. Wu deftly breaks down one of the greatest challenges of our age - the unaccountable power of tech platforms - into such digestible pieces that the solutions for what to do become dead obvious. Essential reading for anyone looking for the recipe to rebalance the vast inequality in our society and to create a thriving economy that works for everyone – Karen Hao, author of Empire of AILarge tech companies are set to be the main beneficiaries of a new economy based on data and artificial intelligence. But neither the lopsided present of tech nor the future direction of technology is our destiny. Tim Wu’s readable, passionate call is for a fairer economy where the benefits of AI can be for all of us, and he proposes principles, laws, and regulations about how to achieve this – Daron Acemoglu, co-author of Why Nations FailTim Wu’s The Age of Extraction is a how-to book on how we can achieve liberty once again. Wu describes why so much in our society feels unbalanced, that the convenience and scale of platforms masks a hidden creeping power over our lives and communities. But he also shows how platforms in one form or another have always been part of human society, and the key is to govern them properly – Matt Stoller, author of GoliathTim Wu’s The Age of Extraction is a must-read. This is a book for anyone—from senator to student—who seeks to understand our digital economy and why we need common sense rules of the road. Wu shows us how to protect consumers, workers, small businesses, and even our democracy from dominant platforms that have inserted themselves into nearly every aspect of our lives – Senator Amy KlobucharThe Age of Extraction is remarkably astute and timely. Wu brilliantly analyzes platform power with great clarity, insight, and moral force, laying out the material stakes for people’s lives as well as a roadmap for achieving broad prosperity and economic fairness. A vital book for these troubled times – Lina Khan, Former Chair, U.S. Federal Trade Commission

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.