> ... is it really? CS is as far as I know one of the fields with the highest demand and even there the jobs that actually need a phd are pretty rare. Yes. Alt

> ... is it really? CS is as far as I know one of the fields with the highest demand and even there the jobs that actually need a phd are pretty rare. Yes. Although, I don't blame you for being misled by terrible articles about the situation. Historically, departments look at PhDs that go to industry as having pursued "alternate careers" that the only real goal is to stay in academia at all costs. So they talk about them as being failures. Although, that couldn't be further from the truth. STEM PhDs have huge demand. Bio PhDs, CS, Math PhDs, engineering, etc. How you value PhDs also matters. In many fields, a PhD will not net you more money. It will net you a much more interesting job though. In some fields, like ML, it will net you both more money and a more interesting job. But. There is vast vast oversupply of non-STEM PhDs. These departments need to be shut down or completely reformed to stop screwing over their students.