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Goodbye Academia

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171–180 of 217 posts

Re: Goodbye Academia

#171
post #65

Earlier quoted context omitted.

i wish it was just the money. when i went into the university i was hoping to find people like me. it attracts bright minds, but it doesn't encourage them in any sort of way. a bright mind in that system is worth "almost" the same as the average joe who studied enough to pass through the system. so we're there, scattered, with no means to find each other. some of them do so anyway, it's what keeps them put up with th…

but what benefit is it to be packed in basics classes that you don't need to anyone? you don't get to skip classes you already know, you have to sit through them, and waste your time When I chose where to study (for undergrad), a major factor in the decision was minimizing the amount of coursework I would have to repeat.

This is exactly what I'm doing now for my electrical engineering degree (following on from a Masters in Chemistry).

The big advantage is pretty much all of what I'm doing now is new and relevant material, and its great!

Re: Goodbye Academia

#173
post #56

Earlier quoted context omitted.

The analogy does not make sense. I know many colleagues who got into academia and were able to find plenty of funding. It wasn't a lucky break that helped them, but hard work and talent. The system is far from perfect, but it is not 'feudal', etc. as the parent comment claims. Systematic hard work can get you results in academia. From what I understand about show-biz, it requires a lot more than just talent and hard…

There's a point beyond which "systematic hard work" becomes allocation by sacrifice, which is one of the most stupidly wasteful and destructive things an institution can do. If society is unwilling to adequately fund science - a very unwise decision - then it should at least allocate by random lottery instead of sacrifice and cut down on the waste of life. As an individual, if you find yourself in an institution that…

I quite like that term, "allocation by sacrifice". Has someone defined it in more detail?

Re: Goodbye Academia

#174
Years ago I was an engineering post-doc in the US, and happened to meet this science post-doc (you can guess at which institute) at an airport. I was amazed to learn this person was spending 2X my hours in the lab at 0.5X my salary.

Re: Goodbye Academia

#175
post #153

I quit my second postdoc to launch a nonprofit research institute (we did not get funding, and are retrying later this year). I currently drive for lyft - and make more money than I did as a postdoc, with far fewer hours and better working conditions. This makes economic sense; it's not clear to me that what I was doing as a scientist was really doing society any good, at least as a late night driver I'm 1) giving pe…

If you graduated in 2009, you got screwed. I'm sorry.

Don't I know it. I hustled and cold fedexed a CEO of a synthetic biology company and got an interview in July of 08. He said he needed 30 days to get back to me to see if there was money for me and suggested that I work towards someday being a CEO of my own. I knew a crash was coming because I'd just started looking into Chris Martinson's crash course, and I knew bear stearns was just the start... I remember telling my dad to liquidate all of his stock take the capital gains hit and buy back in at the bottom (he didn't)... On day 29 the market went down 10%. I got radio silence on the other end about the job.

Re: Goodbye Academia

#176

Not to sound like some crazy person with the word SOCIALIST written on the inside of my forehead in neon colors, but: It should be possible for WhatsApp to get "only" $18 billion and scientific research gets the remaining $1 billion. About a 5% tax. That way, venture capitalists could claim to fund innovation and would actually be truth-tellers.

>Not to sound like some crazy person with the word SOCIALIST written on the inside of my forehead in neon colors

Welcome to the party, comrade! Want a beer?

(No, seriously, it's not bad being a socialist. Turn off the American anti-applause-lights that are designed to make us look eeeeeeviiiiil and examine what our actual positions are. We're an ideology like more-or-less any other, with plenty of valid points even outsiders acknowledge.)

Re: Goodbye Academia

#177
post #61

Earlier quoted context omitted.

If it wasn't for obscure scientific research, WhatsApp wouldn't exist.

Slippery Slope: If it wasn't for obscure scientific research, almost nothing we know would exist. It doesn't mean that obscure scientific research has the same market value as almost everything.

>It doesn't mean that obscure scientific research has the same market value as almost everything.

Scientific research is not (by design) excludable property, so attempting to assign a market value to it is actually a category error. Markets can only assign prices after definitions of ownership and trade are given.

Re: Goodbye Academia

#178
post #42

These kinds of things are daily discussions in laboratories all over the world. Everyone knows there's no future in academia, and so everyone is looking for an exit plan. I actively discourage people from doing a PhD. Academia is a horrible feudalistic system that doesn't pay well enough to keep the bright minds it attracts. There is no sense in being a post-doc for life. Much better to take that hedge fund job. The…

> I actively discourage people from doing a PhD. Academia is a horrible feudalistic system that doesn't pay well enough to keep the bright minds it attracts. There is no sense in being a post-doc for life. Much better to take that hedge fund job. Underlying your comment is the assumption that every one wants the hedge fund (or other) job. One of the allures of academia is the prospect of doing fundamental research. Y…

>Underlying your comment is the assumption that every one wants the hedge fund (or other) job.

That's not at all what he's saying. He's advising people to take the hedge fund job even though they want to work in academia.

Re: Goodbye Academia

#179
post #150

These kinds of things are daily discussions in laboratories all over the world. Everyone knows there's no future in academia, and so everyone is looking for an exit plan. I actively discourage people from doing a PhD. Academia is a horrible feudalistic system that doesn't pay well enough to keep the bright minds it attracts. There is no sense in being a post-doc for life. Much better to take that hedge fund job. The…

The medical / pharma industry is not interested in cures for diseases; they only want lifelong treatments. True capitalists, seeking maximum profit.

Do you have any evidence for this whatsoever, or is this just casual slander?

Re: Goodbye Academia

#180
post #143
post #88

My brother is leaving industry and going into the ivory tower later this year. He says that it's not just the DoD or the academy, its all government funding. He says the PhD is like a union card now. Lockheed just fired 4000 people[0] and NASA's average age is about 53 [1]. The entire DoD is aging and about to retire, with no-one in the 25-50 year old range, effectively. You'd think that they would then start hiring…

Um, FedGov tax revenue continually increases in current dollars, short downturns caused by the stock and housing bubbles notwithstanding. Tax revenue for 2013 is expected to be over 50% higher than 2003, for instance: http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Doc... And tax revenue for 2018 is expected to be nearly 50% higher than 2013. The idea that tax revenue has somehow "decreased" is folly. It's j…

Have you adjusted those numbers for inflation?
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