Upcoming: THE AGE OF EXTRACTION by Tim Wu (Knopf)

The other day, I finished Cory Doctorow’s highly recommended Enshittification, in which Tim Wu’s work is mentioned — and, consequently, I was reminded to check to see if he had a new book coming out. In November, Knopf are due to publish The Age of Extraction, which looks highly relevant to my interests and maybe a good companion book to Doctorow’s; certainly it looks like a book that will be of interest to anyone who observes today’s tech/online ecosystem with wariness, suspicion, frustration, and maybe contempt. Here’s the synopsis for The Age of Extraction:

Tim Wu explores how today’s dominant 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.

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 also 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 far gone?

Tim Wu — the preeminent scholar and former White House official who coined the phrase “net neutrality” — explores the rise of platform power and details the risks and rewards of working within such systems. The Age of Extraction tells 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 history — from generative AI and predictive social data to the antimonopoly and crypto movements — and envisions a future where technological advances can serve the greatest possible good. Concise and hopeful, The Age of Extraction offers consequential proposals for taking back control in order to achieve a better economic balance and prosperity for all.

I was first introduced to Wu’s work via his 2016 book, The Attention Merchants, which I would also recommend.

Tim Wu’s The Age of Extraction is due to be published by Knopf in North America (November 4th) and Bodley Head in the UK (November 13th).

Follow the Author: Website, Goodreads, BlueSky

Leave a comment