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To followup, I believe there's a subtle problem with funding in general, which is that increasing the funding available means that more research positions will
by jasonhong 6y ago
To followup, I believe there's a subtle problem with funding in general, which is that increasing the funding available means that more research positions will be created, which means that eventually grant proposals go back to the same dismal funding rates they were before.
- ivalm 6y agoThat's an interesting Malthusian argument. I think I mostly agree in a sense that vast majority of PhD students I know had plans of staying in academia but had to join industry precisely because lack of resources. But if there were more resources and they did join academia they would then oversee an even greater number of grad students until we again hit subsistence.