The Age of Extraction (Book Review)
Tim Wu has built a career on making complex technology policy accessible to general readers, and The Age of Extraction may be his most urgent work yet. In it, Wu examines how the digital platforms that promised to democratize information and spread prosperity have instead become some of the most powerful wealth-extraction machines in economic history. It is a sobering diagnosis, but Wu delivers it with clarity and a genuine sense of purpose that makes the book feel less like a warning and more like a call to action. Wu grounds his argument in the concept of the "neutral platform," a structural idea with deep historical roots. He traces how platforms ranging from railroads to IBM and AT&T could either catalyze broad economic participation or concentrate power in the hands of a few, depending on how they were governed. This historical framing is one of the book's great strengths. By the time Wu arrives at Google, Amazon, Facebook, and Microsoft, readers already unders...