digerati

[Eugene2114]

Hi,
In the excerpt below, they mention 'digerati'. Do they allude to diggers for gold meaning the sample 'literati' /the place is Silicon Valley, Calif./?
Thank you.
" The Waldorf method is nearly a century old, but its foothold here among the digerati puts into sharp relief an intensifying debate about the role of computers in education."

[Dozy]

I don't think it has anything to do with diggers or digging. It think it's a word made up from "digital" + "literati".

Confirmed at http://education.yahoo.com/reference/dictionary/entry/digerati , actually