Tuesday, January 25, 2011

The Rise and Rise of the Cognitive Elite

HeadacheImage by pvera via Flickr
The Rise and Rise of the Cognitive Elite: "hessian writes 'As technology advances, the rewards to cleverness increase. Computers have hugely increased the availability of information, raising the demand for those sharp enough to make sense of it. In 1991 the average wage for a male American worker with a bachelor's degree was 2.5 times that of a high-school drop-out; now the ratio is 3. Cognitive skills are at a premium, and they are unevenly distributed.'"
Maybe I am not awake enough, but the way I read this is "smart people make more money now than 20 years ago, and there isn't that many of them." Is this newsworthy? Unfair? A shock? I really don't get which part of this is newsworthy, unless it is using weasel words to lead people into another "why should college grads make more money" arguments. Or maybe it is trying to be all of the above.