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So... Why don't CS PhD's get together to do what medical doctors do and form a cartel to further limit the number of PhDs that are granted each year? The curre
by labcomputer 5y ago
So... Why don't CS PhD's get together to do what medical doctors do and form a cartel to further limit the number of PhDs that are granted each year?
The current supply/demand imbalance sounds like the perfect leverage to get the ball rolling. Institutions that don't play ball could be boycotted.
A good number of specialties in medicine have a median income in the upper two thirds of the six digit range. It seems like limiting production of CS PhDs could be equally lucrative.
- throwawaygh 5y ago> A good number of specialties in medicine have a median income in the upper two thirds of the six digit range. It seems like limiting production of CS PhDs could be equally lucrative. Probably not. Industry would route around the PhD system. Academia would just hire folks with masters degrees as ad juncts. In order for such a scheme to work, you need a licensing regime. If anyone could practice medicine at any hospital by passing an on-site interview, the AMA would have substantially less power.