Increased Quote by Erik Brynjolfsson
““In fact, the ratio of CEO pay to average worker pay has increased from 70 in 1990 to 300 in 2005, and much of this growth is linked to the greater use of IT,””
About This Quote
Source Book: "The Second Machine Age", 2014
CEO pay has surged due to IT, reflecting technology's impact on income inequality.
In simple terms: Tech drives wage gaps.
Address tech-driven pay disparity.
Themes
Mood
Type
When to use this quote
- corporate governance
- salary negotiations
- public policy
- education
Key Concepts
Questions to Reflect On
- What policies could curb executive pay growth?
- How does IT reshape labor markets?
Solutions require systemic change beyond tech.