Evidence of the Impending Singularity?

While reading this article in The Economist, the section on rising inequality leapt out at me. The newspaper suggested that technology may be to blame. This is certainly a situation that I’ve been expecting for a while.

In contrast to the Singularity proposed by Vernor Vinge, I believe that as people become more educated, have better tools, and live longer, it will be harder and harder for young, less well educated, and poorer people to compete. This will stratify society.