A TIMES BEST CURRENT AFFAIRS BOOK OF 2019 An award-winning Financial Times columnist exposes the threat that Big Tech poses to our democracies, our economies and ourselves Today Google and Facebook receive 90% of the world's news ad-spending. Amazon takes half of all ecommerce in the US. Google and Apple operating systems run on all but 1% of cell phones globally. And 80% of corporate wealth is now held by 10% of companies - not the GEs and Toyotas of this world, but the digital titans. How did we get here? How did the tech industry get to dominate our world so completely? How did once-idealistic and innovative companies come to manipulate elections, violate our privacy, and pose a threat to the fabric of our democracy? In Don't Be Evil, Financial Times global business columnist Rana Foroohar documents how Big Tech lost its soul - and became the new Wall Street. Through her skilled reporting and unparalleled access - won through nearly 30 years covering business and technology - she shows the true extent to which the 'Faang's (Facebook, Apple, Amazon, Netflix and Google) crush or absorb any potential competitors, hijack our personal data and mental space and offshore their exorbitant profits. What's more, she reveals how these threats to our democracies, our livelihoods and our minds are all intertwined. Yet Foroohar also lays out a plan for how we can resist, creating a framework that fosters innovation while also protecting us from the dark side of digital technology.
Giant tech companies are an ungoverned global economic and social force that we all must understand. They contribute to division and threaten the very cohesion of society. Faroohar's big picture thinking is much needed. This compelling and deeply-informed book will help guide our responses to a dangerous new era. -- David Kirkpatrick, New York Times bestselling author of The Facebook Effect Rana Faroohar is a beacon of insight in the world of financial journalism. In Don't Be Evil, she applies her brilliance to the increasingly nightmarish behavior of tech giants like Amazon, Google, and Facebook. It is a must read. -- Roger McNamee, New York Times bestselling author of Zucked: Waking Up to the Facebook Catastrophe When we choose technology's convenience without considering its tradeoffs, we ceded control to a muscular, unregulated strain of capitalism that is now costing us far more than we thought. Don't Be Evil comes just in time, with a warning citizens, policy makers, and the tech industry itself can no longer afford to ignore. -- John Battelle, cofounder of Wired and author of The Search Don't Be Evil is the first book on the big tech crisis to propose a set of realistic solutions. It should be read by every policy maker both in the U.S. and around the world. -- Jonathan Taplin, Director Emeritus, USC Annenberg Innovation Lab and author of Move Fast and Break Things Rana Foroohar's urgent message: 'Yes, we really are living in the Matrix,' and it's time to rise up and resist out algorithmic overlords. This book shows us how. -- Cathy O'Neil, author of Weapons of Math Destruction and CEO of ORCAA As one of the world's most talented financial journalists, Rana Foroohar has long been essential reading for anyone interested in the powerful parallel worlds of Wall Street and Silicon Valley. At first sight, Don't Be Evil looks like it's doing for Google what muckraking journalist Ida Tarbell did for Standard Oil over a century ago. But this whip-smart, highly readable book's scope turns out to be much broader. Worried about the monopolistic tendencies of big tech? The addictive apps on your iPhone? The role Facebook played in Donald Trump's election? Foroohar will leave you even more worried, but a lot better informed. -- Niall Ferguson, Milbank Family Senior Fellow, the Hoover Institution, Stanford, and author of The Square and the Tower If journalism is the first rough draft of history, then we are most fortunate to have Rana Foroohar's laser vision and trenchant business analysis turned on the tech giants and the gluttonous anti-democratic surveillance capitalism that is their most far-reaching innovation. Foroohar's examination of Big Tech's audacity, plunder, and self-dealing economics is a crucial contribution to the growing debate. -- Shoshana Zuboff, author of The Age of Surveillance Capitalism, Professor Emerita, Harvard Business School Rana Foroohar is a savvy and wise commentator and a keen observer of the global economy. This book goes beyond the economic problems and examines the broader implications for society of the untrammeled and under regulated Silicon Valley companies. She demonstrates that while the creed 'don't be evil' may have initially inspired the Silicon Valley giants, its principle has long been left behind. -- Joseph E. Stiglitz, Nobel Laureate in Economics An insightful and powerfully argued investigation into the murky world of 'Big Tech' and its impact on our lives. * The Daily Mail * Most powerful is the warning that Foroohar issues: tech companies could spark the next financial crash. -- Best Business Books of the Year 2019 * The Sunday Times * Frightening . . . a readable and well-marshalled indictment of the sins of these new corporate empires. -- James Marriott * The Times * A masterful critique of the tech giants that now dominate our world . . . The great thing about her book is that it breaks the mesmerising spell that the tech giants seem to have cast upon governments, mass media and users everywhere. Foroohar is well qualified to tackle them [and] she comes across as a level-headed, informed and well-connected journalist [who] combines a polite manner with a high-powered crap-detector. -- John Naughton * The Observer, 'Book of the Week' *