Beyond the Race between Education and Technology

2025, Paper: "U.S. wage inequality increased substantially from 1980 to around 2015 and, even with some modest narrowing over the last decade, remains at a historically high level. Rising educational wage differentials and a growing divide between college and non-college workers have been key drivers of greater wage disparities in the United States and other OECD countries. Technological advance from the information revolution, computerization, and the emerging rise of artificial intelligence (AI) has been viewed by many as a culprit behind rising inequality. Technological change clearly impacts the demand for different types of workers, skills, and tasks. And there is much evidence that the adoption and diffusion of major general-purpose technologies (electrification, computerization) often advantage more educated and better trained workers (Goldin and Katz 2008)."