171–180 of 181 posts
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Thank goodness we have startup culture in the US, instead we can have “looks bad, doesn’t work, but Microsoft bought it so…”
and "actively erodes human community and democratic society"
Unicorns are carnivores that prey on the people.
> OpenEuroLLM has a total budget of €37.4 million of which €20.6 million comes from the Digital Europe Programme. So on average 1.87 million per participating institution which might amount to funding ~5 PhD students per institution. Not bad for a training program. The project has been awarded the Sovereignity Seal, an EU mark of Excellence before it even started. This is truly in accordance with european values, whe…
for 1.87m per project, you get in EU rather 15 - 20 people :) (salaries are low here)
as PhD ("Doktorand") Student/Finisher, you will get around 45.000 EUR - 60.000 EUR in most jobs, maybe there are some mega corps like BMW or Siemens which will pay more (or consulting or IB etc.), but the vast majority of jobs with a "research background" in Germany will NEVER land you near 100.000 or more
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for 1.87m per project, you get in EU rather 15 - 20 people :) (salaries are low here)
the math is quite simple: as PhD ("Doktorand") Student/Finisher, you will get around 45.000 EUR - 60.000 EUR in most jobs, maybe there are some mega corps like BMW or Siemens which will pay more (or consulting or IB etc.), but the vast majority of jobs with a "research background" in Germany will NEVER land you near 100.000 or more
1.800.000 / 50.000 (avg) is 36 persons, somewhere in the ballpark range i mentioned
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At least in France, where they have PhDs which last only 3 years, a years of PhD would cost ~45K EUR in gross salary (granted the student gets around half of that after tax), then let's say ~10K travel and consumables costs, then add up the inevitable 20% overhead costs and now you're looking at around 200K for the shortest possible frugal 3 year PhD.
I agree, in Germany companies PhD funding seems to be between 200 and 300k.
Sorry, this is just not true
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I agree, in Germany companies PhD funding seems to be between 200 and 300k.
Show me any source of a German company funding a PhD role with 200.000 EUR or 300.000 EUR salary Sorry, this is just not true
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At least in France, where they have PhDs which last only 3 years, a years of PhD would cost ~45K EUR in gross salary (granted the student gets around half of that after tax), then let's say ~10K travel and consumables costs, then add up the inevitable 20% overhead costs and now you're looking at around 200K for the shortest possible frugal 3 year PhD.
At least in the UK, overheads are usually over 100%.
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the math is quite simple: as PhD ("Doktorand") Student/Finisher, you will get around 45.000 EUR - 60.000 EUR in most jobs, maybe there are some mega corps like BMW or Siemens which will pay more (or consulting or IB etc.), but the vast majority of jobs with a "research background" in Germany will NEVER land you near 100.000 or more
so the math is: 1.800.000 / 50.000 (avg) is 36 persons, somewhere in the ballpark range i mentioned
In Europe a PhD student is a multiyear commitment, with a bunch of externalities, they are much simpler to manage as discrete units, and thus are funded as such.
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At least in the UK, overheads are usually over 100%.
This sounds like quite an outlandish figure, could you please elaborate? For example, an ERC grant would allow for a maximum of 25% of the so called "indirect costs", that is, one fourths of all the the direct costs (gross salaries, materiel, travel, etc) gets paid as a lump sum, and this usually goes to the institution. How do you end up with over 100% overheads?
I’m not sure how that gets accounted in different schemes, perhaps it is somehow impossible in ERC grants, but it is certainly the case in some grants.
25% cap would I think make most universities bankrupt overnight.
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This sounds like quite an outlandish figure, could you please elaborate? For example, an ERC grant would allow for a maximum of 25% of the so called "indirect costs", that is, one fourths of all the the direct costs (gross salaries, materiel, travel, etc) gets paid as a lump sum, and this usually goes to the institution. How do you end up with over 100% overheads?
I recall putting a grant proposal together. An RA salary of £40K was charged to the project at £110K. Those numbers are roughly accurate, might actually have been slightly higher. I’m not sure how that gets accounted in different schemes, perhaps it is somehow impossible in ERC grants, but it is certainly the case in some grants. 25% cap would I think make most universities bankrupt overnight.
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Microsoft is certainly much better at judging the value of a software than any european administration.
Of all the software companies, Microsoft really makes me feel the ick every time I have to interact with their suite. I started using again teams after months and I didn't remember it was so bad, it's like a reverse course on ux