4 ms·

> There’s also just nothing comparable to the benefits of being a tenured professor in the modern labor market short of winning the lottery. Having a few mill

> There’s also just nothing comparable to the benefits of being a tenured professor in the modern labor market short of winning the lottery. Having a few million dollars in the bank is comparable to being a tenured professor, at least in terms of guaranteed income. (Of course, I don't have millions of dollars in the bank.) Maybe that's what you meant by "winning the lottery", e.g., that phrase is sometimes used to refer to startup founders who sell their company.

ianai 8y ago
No I mean the modern labor market is horrible outside of the very hard to get positions at the FANGs. Have you researched what working and work culture are like? Read some of the Rachel by the bay blogs. You have a quality of life as a tenured professor that you simply won’t anywhere else. Especially as a “startup founder”. There’s a reason the valley takes them straight out of college graduation. Do Not Leave Your Professorship. You will regret it.
- war1025 8y ago
  This seems like a very warped view of the world. The US economy is doing pretty well. The main worry people have is that it is doing too well and will lead to a crash at some point. Unemployment is basically non-existent in many parts of the country. Wages are finally starting to go up, after being stagnant since 2008. Putting up with poor working conditions is mostly poor decision making, especially in tech.
  - ianai 8y ago
    Inverted yield curve Decreasing job creation numbers Looming Brexit Recent Fed decisions to raise rates and more recently leave them unchanged. Investment choices, “beta”, should reflect a heightened risk aversion for people later in their careers. That’s just standard financial planning. I could even make a case for stagnant wages suddenly increasing indicating irregularities necessitating caution in financial and career decisions.

ianai 8y ago

No I mean the modern labor market is horrible outside of the very hard to get positions at the FANGs. Have you researched what working and work culture are like? Read some of the Rachel by the bay blogs. You have a quality of life as a tenured professor that you simply won’t anywhere else. Especially as a “startup founder”. There’s a reason the valley takes them straight out of college graduation. Do Not Leave Your Professorship. You will regret it.

war1025 8y ago
This seems like a very warped view of the world. The US economy is doing pretty well. The main worry people have is that it is doing too well and will lead to a crash at some point. Unemployment is basically non-existent in many parts of the country. Wages are finally starting to go up, after being stagnant since 2008. Putting up with poor working conditions is mostly poor decision making, especially in tech.
- ianai 8y ago
  Inverted yield curve Decreasing job creation numbers Looming Brexit Recent Fed decisions to raise rates and more recently leave them unchanged. Investment choices, “beta”, should reflect a heightened risk aversion for people later in their careers. That’s just standard financial planning. I could even make a case for stagnant wages suddenly increasing indicating irregularities necessitating caution in financial and career decisions.