For non-CS people – if you're a little confused by "conference paper", CS is a little idiosyncratic in that papers are often primarily disseminated through conferences, rather than independent journals. The advice is good in general, though!
My experience with Academia is that its full of people who couldn't get jobs after undergrad, so they stayed in school. Their parents are at least middle class and support this route so they can harvest some of the status of having a PhD or professor.
I'd be less bitter if so much 'science' that came out in the last 100 years didn't fail to replicate... Yet we were expected to learn it like it was fact, while signing the praises of the authors. Literal waste of resources.
Meanwhile, industry is sending the world forward with life changing improvements. I think academia would hope they had some impact on it, but I think its wishful thinking.