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Faculty member issues dire warning to grad students about jobs

insidehighered.com

11–20 of 23 posts

Re: Faculty member issues dire warning to grad students about jobs

#11

I received a bachelor’s in International Relations from a low tier liberal arts program. I always found it curious that our professors had received PhDs from Ivy League and similar schools, and here they were at an unknown tech school. If going to an Ivy was needed to teach here, where were the PhD candidates at my school going to teach?

Various non tenure track positions at entry level colleges, with no research.

Re: Faculty member issues dire warning to grad students about jobs

#12
While it is true that getting a traditional tenure track job is very tough in the current market, programs like the one in the article can make modest changes to better prep students for other roles.

For a simple example, pretty much all of the PhD students could get a quantitatively oriented job with "analyst" in the title (why is the kid with an econ degree working a call center job?!?). That requires nothing besides telling students where to look.

For private sector data science gigs programs need to typically do a better job with training programming skills, but many govt research positions and think tanks they will be qualified for as is. Likely the case students can independently pursue projects that make them better qualified for data science positions or take courses already available in other departments at Bloomington to make up for gaps in the current PoliSci curriculum.

Re: Faculty member issues dire warning to grad students about jobs

#13

Law degrees are another racket. There are too many people in the US with JDs. Only 23% are using them productively. Physics and mathematics are other economic dead-ends. If you want a steady career become an MD: plastic surgeon, cardiologist, anesthesiologist, perfusionist (doesn't necessarily require becoming an MD), or endocrinologist. Most PhDs have a net negative lifetime earnings opportunity cost. Biotech, data…

> Physics and mathematics are other economic dead-ends

Half of the trading quants on my team are physics/math PhDs. Very few econ/finance degrees. Not that there are an ocean of these jobs available, and these are probably outliers compared to the 95%+ of people graduating with those degrees, but it is still a data point.

Re: Faculty member issues dire warning to grad students about jobs

#14

Law degrees are another racket. There are too many people in the US with JDs. Only 23% are using them productively. Physics and mathematics are other economic dead-ends. If you want a steady career become an MD: plastic surgeon, cardiologist, anesthesiologist, perfusionist (doesn't necessarily require becoming an MD), or endocrinologist. Most PhDs have a net negative lifetime earnings opportunity cost. Biotech, data…

Most places I know hiring PhDs to do AI/ML are hiring people with phds in a non-AI/ML field. Why? Because it is a lot easier to teach someone how to string together pytorch or tensorflow or whatever codes then it is to teach them physics, hydrology, sociology, etc. Certainly this is how my company hires.

Re: Faculty member issues dire warning to grad students about jobs

#15

Law degrees are another racket. There are too many people in the US with JDs. Only 23% are using them productively. Physics and mathematics are other economic dead-ends. If you want a steady career become an MD: plastic surgeon, cardiologist, anesthesiologist, perfusionist (doesn't necessarily require becoming an MD), or endocrinologist. Most PhDs have a net negative lifetime earnings opportunity cost. Biotech, data…

Most places I know hiring PhDs to do AI/ML are hiring people with phds in a non-AI/ML field. Why? Because it is a lot easier to teach someone how to string together pytorch or tensorflow or whatever codes then it is to teach them physics, hydrology, sociology, etc. Certainly this is how my company hires.

I think it's more likely because PhDs in AI/Ml are extremely expensive to hire. A PhD in AI generally does more than string together pytorch and tensorflow.

Re: Faculty member issues dire warning to grad students about jobs

#16

Earlier quoted context omitted.

Most places I know hiring PhDs to do AI/ML are hiring people with phds in a non-AI/ML field. Why? Because it is a lot easier to teach someone how to string together pytorch or tensorflow or whatever codes then it is to teach them physics, hydrology, sociology, etc. Certainly this is how my company hires.

I think it's more likely because PhDs in AI/Ml are extremely expensive to hire. A PhD in AI generally does more than string together pytorch and tensorflow.

Maybe in US? PhD AI/ML hire in UK is ~£33k salary.

Re: Faculty member issues dire warning to grad students about jobs

#17
post #16

Earlier quoted context omitted.

I think it's more likely because PhDs in AI/Ml are extremely expensive to hire. A PhD in AI generally does more than string together pytorch and tensorflow.

Maybe in US? PhD AI/ML hire in UK is ~£33k salary.

An AI PhD from a reasonable university will easily make 200k + at SV companies

Re: Faculty member issues dire warning to grad students about jobs

#19
post #16

Earlier quoted context omitted.

Maybe in US? PhD AI/ML hire in UK is ~£33k salary.

An AI PhD from a reasonable university will easily make 200k + at SV companies

Again, in US? I'm from a Russell Group uni, so are friends. Most I've heard of is 37 from a friend that spent over 3 months applying and did some hard negotiating. Can you give some example companies hiring with this salary in UK? I'd be genuinely interested, as I believe would many friends/colleagues.

Re: Faculty member issues dire warning to grad students about jobs

#20
post #19

Earlier quoted context omitted.

An AI PhD from a reasonable university will easily make 200k + at SV companies

Again, in US? I'm from a Russell Group uni, so are friends. Most I've heard of is 37 from a friend that spent over 3 months applying and did some hard negotiating. Can you give some example companies hiring with this salary in UK? I'd be genuinely interested, as I believe would many friends/colleagues.

In the US, though I imagine DeepMind and FAIR pay a lot more than 37k pounds in the UK too
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