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Professors are actually getting lower pay than a lot of AI specialists in the industry. Universities really can't afford to compete.
by levesque 9y ago
Professors are actually getting lower pay than a lot of AI specialists in the industry. Universities really can't afford to compete.
- dekhn 9y agoMaybe they really can? They set the salaries, and determine the overheads.
- mathattack 9y agoThey compete on other dimensions. (Job security, etc) I have no sympathy for academic labs that underpay. For 99% of academic fields there is a gross oversupply of workers.
- autokad 9y agoWhen I taught a small class to master students (~30), it only took 2 students to bring in more than what they paid me. I also worked full time, where just the projects that couldn't have been done without me being there would have paid for my salary for 30 years. who knows where that money goes, but they can definitely pay a lot more for the people who actually do things. the university i mentioned has a 12 billion $ endowment. they would actually make more if they stopped having such high turn-over. salary caps on tech workers like the article suggests is a horrendous idea. pay caps will only create more shortages. The universities just need to pay their workers market rates instead of paying near slave wages and complaining about turn over. edit: mathattack comments about job security is incorrect. many of the positions are grant funded, you can loose your job at any time, sometimes whole labs go in a blink of an eye.
- shostack 9y agoEndowments often have quite a few strings attached that significantly limit the flexibility of the University to allocate those funds wherever they want. It is not as simple as looking at a large total endowment and jumping to the conclusion that they should spend it on staff.