The academic system is completely broken for Computer Science, and I don't really see a way to fix it. The economic realities of the field just make it too risky to allow an exceptionally gifted individual to remain out in the open publishing research that could potentially destroy your business model. Justifying these low acceptance rates as somehow prestigious is really just creating even more perverse incentives t…
Is 18% or so acceptance rate really low, though? Almost 2 in 10 submissions are accepted, and I thought "the top" meant something like 2% or less.
BTW, is there any resources that catalogs which ideas in papers may work well in industry? As someone outside of academia, I find there are simply too many papers, even from top conferences, for me to consume. It's hard for me to know which paper's ideas can help me or not, and this 18% acceptance rate is not a good enough filter any more.