4 ms·
Law degrees are another racket. There are too many people in the US with JDs. Only 23% are using them productively. Physics and mathematics are other economic
by 1letterunixname 4y ago
Law degrees are another racket. There are too many people in the US with JDs. Only 23% are using them productively.
Physics and mathematics are other economic dead-ends.
If you want a steady career become an MD: plastic surgeon, cardiologist, anesthesiologist, perfusionist (doesn't necessarily require becoming an MD), or endocrinologist.
Most PhDs have a net negative lifetime earnings opportunity cost.
Biotech, data science, AI/ML are also good bets. What's not a safe bet is generic "programmer" likely to be automated out of a job and salaries are likely to crash when there's an oversupply of lower-skilled talent. Most programming will become trivial or eliminated by automation, as is already beginning to happen with AI code completion.
- amazon_illegal 4y agoif you had a tool that manufactures tesla parts, could you assemble a tesla?
- drdunce 4y agoPhD in AI/ML is no longer a good bet, hasn't been for about 5 years.
- jawilson2 4y ago> Physics and mathematics are other economic dead-ends Half of the trading quants on my team are physics/math PhDs. Very few econ/finance degrees. Not that there are an ocean of these jobs available, and these are probably outliers compared to the 95%+ of people graduating with those degrees, but it is still a data point.
- mnky9800n 4y agoMost places I know hiring PhDs to do AI/ML are hiring people with phds in a non-AI/ML field. Why? Because it is a lot easier to teach someone how to string together pytorch or tensorflow or whatever codes then it is to teach them physics, hydrology, sociology, etc. Certainly this is how my company hires.
- wittycardio 4y agoI think it's more likely because PhDs in AI/Ml are extremely expensive to hire. A PhD in AI generally does more than string together pytorch and tensorflow.
- drdunce 4y agoMaybe in US? PhD AI/ML hire in UK is ~£33k salary.
- wittycardio 4y agoAn AI PhD from a reasonable university will easily make 200k + at SV companies
- mnky9800n 4y agoDoing what?
- wittycardio 4y agoDoing machine learning or data science
- drdunce 4y agoAgain, in US? I'm from a Russell Group uni, so are friends. Most I've heard of is 37 from a friend that spent over 3 months applying and did some hard negotiating. Can you give some example companies hiring with this salary in UK? I'd be genuinely interested, as I believe would many friends/colleagues.
- wittycardio 4y agoIn the US, though I imagine DeepMind and FAIR pay a lot more than 37k pounds in the UK too