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Except that some % of PhDs go on to be professors (who do a real service), and every once in a while you get a PhD student whose work probably contributes hundr
by argonaut 11y ago
Except that some % of PhDs go on to be professors (who do a real service), and every once in a while you get a PhD student whose work probably contributes hundreds of millions of value to society. And every couple years or so, you have a PhD student who contributes billions to society in value.
Not to mention PhDs usually have to TA (teach students), which accounts for some of their pay.
- fiatjaf 11y agoThere's no example of a PhD work that contributed hundreds of millions of value to society. (I could say there's no way to measure "value to society", in fact this concept means nothing, but I agree on settling on "an enourmous amount of productive capital to someone, not exactly the society").
- argonaut 11y agoA one minute google search reveals: Radioactivity. http://www.nobelprize.org/nobel_prizes/themes/physics/curie/ http://www.nobelprize.org/nobel_prizes/themes/physics/curie/ Nash equilibrium. http://rbsc.princeton.edu/sites/default/files/Non-Cooperative_Games_Nash.pdf http://rbsc.princeton.edu/sites/default/files/Non-Cooperativ... Emergence of digital circuit design. https://en.wikipedia.org/wiki/A_Symbolic_Analysis_of_Relay_and_Switching_Circuits https://en.wikipedia.org/wiki/A_Symbolic_Analysis_of_Relay_a... A pretty ridiculous thing to claim.