The wage premium for digital skills nearly doubled between 2002 and 2016

Evidence

In 2002, a one-point increase in digitalization score predicted a 166.20 (in 2016 dollars) increase in real annual average wages for occupations with the same education requirements. By 2016 this wage premium had almost doubled to 292.80. In sum, workers with superior digital skills are more and more earning higher wages (all other things being equal) than similarly educated workers with fewer digital skills. — Shoshana Zuboff, The Age of Surveillance Capitalism, 2166

Categorization

• XREF: Connects to the broader argument about surveillance capitalism’s reshaping of labor markets, complementing the digital economy’s foundational claims. — connects to: The college wage premium roughly doubled between the late 1970s and the 2000s. — Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Income…, 32; Skill-biased technological change cannot explain cross-national variation in income inequality — Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Income…, 33

Broader Connections

• Skill-biased technological change cannot explain cross-national variation in income inequality #complicates (0.75) — Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Income…, 33