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Re:At Tech’s Leading Edge, Worry About a Concentration of Power by high_derivative on Thursday September 26, 2019 @08:55AM (#21080467)
So I am a machine learning researcher who moved to a FAANG as a research scientist after graduation. My salary is 10x against the grad student stipend. That does not even account for the free food, the healthcare, and other perks. However, I have not adjusted my lifestyle so it does not feel real.

The thing is, even though having 1000x the resources compared to university, that does not really make me happier about the work specifically. It makes some things easier and other things harder.

No, what I really feel is that at work I am not actually treated like a servant any more but like a person. I don't have to work weekends and nights any more. I can take vacations and won't be flooded with emails every.single.day during holidays. I don't have extra unpaid responsibilities that I have zero recourse against.

The thing that I just cannot stop wondering is, why, knowing the perks of industry, advisers still treated us like this. Even though ostensibly trying to keep us, it felt more like squeezing out as much as they could.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by Donald on Thursday September 26, 2019 @09:03AM (#21080527)
>The thing that I just cannot stop wondering is, why, knowing the perks of industry, advisers still treated us like this.

It's cultural. Their PhD advisors treated them the same way. A PhD is effectively a hazing ritual required to break into academia.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by WhompingWindows on Thursday September 26, 2019 @10:16AM (#21081051)
I entered an MS program, where my two advisors told me I could get a PhD in just 3 years, vs 2 years for the MS. I naively thought that sounded good. I didn't realize that my advisor took over 4 years to do it herself. Nor did I realize that she was drastically over-committing herself on time, and she dropped me as a student just 1 year later because she didn't have time. Just a blatantly misleading and false advising process, I wasted 2 years due to that.

The power your advisors wield over you is terrifying in graduate school. You are severely underpaid AND they have you over a barrel.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by Aperocky on Thursday September 26, 2019 @11:15AM (#21081645)
You could always say F it and get a job in the industry.

It's 1000 times better especially when your research is clearly not on the cutting edge and you end up comtemplating life choices because what you're doing are basically useless to the world, and you're only doing it because some funds decided to throw money on it.

At least that's how it is for people whose primary research method is coding, such an easy exit. The powerpoint making variety have it harder though.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by tonyarkles on Thursday September 26, 2019 @08:26PM (#21087214)
> The power your advisors wield over you is terrifying in graduate school. You are severely underpaid AND they have you over a barrel.

I realize this isn't the case for everyone, and I realize my situation was odd, but... there's always a trump card: you can drop out. I get that for international students it's not always so simple (losing your student visa, having to go home) and can be a very hard choice.

My supervisor and my department occasionally tried to push for things that I believed were ridiculous, and the threat of dropping out seemed to work reasonably well to push back on that. My understanding is that a supervisor having a low completion rate is a black mark that can hurt them, especially if they're chasing tenure. I didn't pull this out like a petulant child stomping their feet when they didn't like their chores, but rather when things were getting stupid.

Tony: "This is totally unreasonable and the timeline doesn't work for me."

Supervisor: "This is how it must be. There's no other option."

Tony: "I could drop out and continue on with my life."

Supervisor: "Now wait a minute, let's see what we can do to make this work..."

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by dekhn on Friday September 27, 2019 @08:23AM (#21091079)
". My understanding is that a supervisor having a low completion rate is a black mark that can hurt them, especially if they're chasing tenure."

Normally, during tenure decisions, the grad students and postdocs will be interviewed by the dean. If you work for a pre-tenure prof, and decide to leave, meet with the dean and let them know your concerns before dropping out. Make sure to include lots of physical documentation, such as emails requesting you to do inappropriate things.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by selimthegrim on Thursday September 26, 2019 @09:46PM (#21087644)
Your supervisor can drop out too - they can change universities midstream.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by tonyarkles on Saturday September 28, 2019 @03:02PM (#21102211)
Also very true! My #1 choice of supervisor was pleasantly honest about that. He wasn't tenured, and after we'd met a few times to talk about maybe me starting a program with him in the fall, he told me "I've got bad news. There's a pretty good chance that I'm going to lose my position here due to funding cuts, and that would leave you without a supervisor in 8 months. We're looking at a pretty niche field, and there isn't really anyone else who could take over for the project we're talking about. Sorry, you should look elsewhere."

I still look back and would have loved to do that research, but I appreciate his honesty.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by selimthegrim on Saturday September 28, 2019 @03:59PM (#21102515)
You had honest ones. Mine tried to milk me right up to the moment they announced they were leaving - for institutions that only offered a Master's program or for a different field department and were stupid enough to think I wouldn't see the writing on the wall long before or figured I'd quit.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by bonoboTP on Thursday September 26, 2019 @12:02PM (#21082292)
> I entered an MS program, where my two advisors told me I could get a PhD in just 3 years, vs 2 years for the MS.

In Germany PhD is almost always done after an MS and the PhD usually takes 4-6 years depending on the group.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by raverbashing on Thursday September 26, 2019 @09:26AM (#21080685)
> A PhD is effectively a hazing ritual required to break into academia.

Your definition is painfully on point.

And the perks of "getting into academia" are getting smaller with each day.

But hey, you get to have those 3 letters next to your name and probably can ask for a higher salary, that is if you don't go back into the academic machine and the hunger games of chasing grants/contracts and eventually tenure (but it is my impression funding a successful startup is easier than getting tenured today)

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by eyeundersand on Thursday September 26, 2019 @10:31AM (#21081191)
Your last impression, if true, would come as a great surprise to me. I would check but I'm literally in a Econ PhD class right now.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by tlarkworthy on Thursday September 26, 2019 @10:51AM (#21081409)
My professor with commercial experience said roughly the same thing: academia is harder and more competitive than the commercial world. Now I have experience of both, he was right. Your collegues have roles and help you in commercial world. Everyone is against each other in academia, and the admin staff know your just a temp so your problems are not worth the effort.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by scottlegrand2 on Thursday September 26, 2019 @02:19PM (#21083793)
As a nuclear physicist who left academia for Disney once told me: "Academia... The competition is so intense because the stakes are so low..."
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by jacobolus on Thursday September 26, 2019 @08:51PM (#21087391)
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by nostrademons on Thursday September 26, 2019 @12:11PM (#21082396)
My brother-in-law is a tenure-track professor (though not tenured yet) in cancer research, I'm working on getting a startup funded. I would agree with that impression. There are more fundable startup markets than there are tenured positions available in academia, and you have more flexibility to pursue new ones that open up than you do to change your line of research if it doesn't pan out. Both professions require an enormous amount of work, but you have more control as a startup founder, and are less subject to the whims of politics, grants, and scientific reality. Hard science involves an amazing amount of risk and hard work to manage that risk, moreso than startups do.

The rewards for a successful startup are about 2 orders of magnitude higher than the rewards for tenure, too. The latter means that you have a job for life; the former means you don't need a job for life.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by andrepd on Thursday September 26, 2019 @01:12PM (#21083051)
>There are more fundable startup markets than there are tenured positions available in academia

>The rewards for a successful startup are about 2 orders of magnitude higher than the rewards for tenure, too.

Massive [citation needed] on both these claims. "But my brother-in-law" is not evidence. It's not at all obvious that there are more startup markets than tenure positions. Also, founding a successful startup is largely a matter of luck, and being in the right place at the right time.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by varelse on Thursday September 26, 2019 @04:23PM (#21085100)
3/4 of academic positions are now non-tenured. When I left academia at the end of a 4-year post-doc in the late 90s, I more than tripled my salary in a day. These days, it would be more like ~10x. Without tenure, what possible reason does anyone have to stay in academia?

And for the first decade and a half it was great to make money, but also possess the grounding to build things collaboratively with academics. But then AI happened, and the market inefficiency that academia created for itself by making 3/4 of us make less than a high-school dropout with a trade skill caused tech to suck them all up like a sponge to feed the AI craze.

And these days, the same craptastic culture that drove me out of academia (pedigree, PhD (even though I have one but not from one of the 4 horsemen of AI or even one of the right schools so it's nearly worthless apparently), and the coveted "applied scientist" title which at least at AMZN means you get 15% higher comp to order both the scientists and engineers around because you convinced an L10 you were one whatever your actual qualifications are) are now status quo in tech. But I'm old now, and every day I am tempted to just throw in the towel and retire.

Commence those downvotes guys! None of what I just wrote could possibly be true in any way. Tech is clearly awesome and we just need to keep up the great work so we can hit that singularity sprint goal by 2030 or so to save Ray Kurzweil from squandering his hard-earned money on an Alexa-equipped toupee.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by nostrademons on Thursday September 26, 2019 @02:05PM (#21083590)
If you want data:

As of 2016, academic institutions hired 21,511 full-time, tenure-track professors [1]. Your odds of getting tenure given that you're in a tenure-track position vary by institution, but seem to range from about 75% at elite private institutions to 90% at state schools [2]. Figure about 18,000 professors were hired into positions that will eventually grant them tenure.

AngelList lists about 30,827 companies at the Seed or Series A/B/C stage [3]. Crunchbase has 33,577 funding rounds that occurred within 2016 [4]. The former stat has issues in that it includes funding rounds over a broad time period, and the latter potentially has issues with multiple funding rounds for the same company happening; however, given their general consistency and the existence of funded companies that do not appear in AngelList nor Crunchbase, 30,000 companies funded per year seems about right.

The average tenured professor salary varies heavily by field, but the Chronicle of Higher Ed reports it at $104820 [5], Glassdoor at $70385 [6], PayScale at $71993 [7], Indeed at $66921 [8]. There were 12,688 mergers & acquisitions in 2018 [9], the vast majority of which were for undisclosed amounts (companies do not have to disclose the transaction if it's for < $75M). Given the distribution of the ones that are disclosed, it's a good bet that most of those are for between $1M-20M (I've heard $1M/engineer as the going rate for aquihires, where the team succeeds in delivering a product but the product fails in the marketplace). This is still roughly 100x what the tenured professor makes though.

[1] https://www.aaup.org/sites/default/files/10112018%20Data%20S...

[2] https://dynamicecology.wordpress.com/2014/07/21/dont-worry-t...

[3] https://angel.co/companies?stage[]=Series+A&stage[]=Seed&sta...

[4] https://www.crunchbase.com/search/funding_rounds/a416e3bdb17...

[5] https://www.chronicle.com/article/How-Much-Did-Professors-Ea...

[6] https://www.glassdoor.com/Salaries/tenured-professor-salary-...

[7] https://www.payscale.com/research/US/Job=Tenure_Professor/Sa...

[8] https://www.indeed.com/salaries/Professor-Salaries

[9] https://www.statista.com/statistics/245977/number-of-munda-d...

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by rgbrenner on Thursday September 26, 2019 @06:09PM (#21086113)
Great, you've given us the numerator. Now you just need the denominator.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by Retric on Thursday September 26, 2019 @07:00PM (#21086536)
Not quite, the average startup probably has significantly more than 1 founder.

So, it’s clear more people get funding than tenure. However, difficultly really is a function of the success rate of each track and the amount of investment they make in it. Still, for the average collage freshman tenure is likely much harder.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by rgbrenner on Thursday September 26, 2019 @07:52PM (#21086954)
You can't judge difficulty simply by the number of people who have obtained something. You need to know how many startups are seeking funding, and the number of people attempting a phd. That's the denominator I was referring to.

The average college freshman is not trying to get a phd. Picking a low starting point like that is just a way of making it appear more difficult than it is. The more appropriate number is the number of phd's attempted.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by nostrademons on Thursday September 26, 2019 @08:30PM (#21087245)
That's also the wrong denominator. The fact that a million unqualified people attempt startups because the barrier to entry is filing a $100 LLC online has no relevance on my particular chances of succeeding at a startup.

I didn't respond to your comment because the right denominator is going to depend on who is reading this thread. A Stanford CS major with a 2400 SAT whose parents successfully founded a tech startup is coming from a dramatically different pool than a data-entry drone with no college degree and no technical skills who figures that a weekend startup is his ticket to riches. The former's chances at both getting a funded startup and a tenure-track position are pretty good. The latter's chances are effectively zero. The latter falls into the pool of people who could conceivably "start" startups, but doesn't fall into the pool of people who attempt Ph.D programs.

You are not a lottery ticket.

Realistically, I think that tenured professorships and funded startups largely draw from the same pool of people and hence have the same denominators. That's why I focused more on the numerator. If you have the skills, dedication, and knowledge needed to become a tenured professor you usually (not always) have the skills, dedication, and knowledge needed to found a high-growth company, but there are more opportunities for the latter around, as well as fewer gatekeepers that can exclude you for arbitrary reasons.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by DataWorker on Thursday September 26, 2019 @10:42AM (#21081310)
The reason this behavior occurs is because people compromise themselves by jumping through hoops to get degrees. Meanwhile, universities have become fixated on producing credentials and nurturing their endowments rather than producing knowledge. Ponzi schemes fail when they run out of suckers. With the federal government giving hundreds of thousands in free money to round up new suckers it seems unlikely to fail anytime soon. Perhaps corporations will fill the void. I’m not hopeful.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by tlb on Thursday September 26, 2019 @06:50PM (#21086452)
My PhD adviser treated us well. He could be bluntly critical of our work ("Which of these conclusions do you actually believe?" became a catchphrase) but he treated us fine as people.

If you think a hazing ritual is required, as a kind of filter for who wants to be a professor most, you can set high standards for the work while still treating people with respect.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by jartelt on Thursday September 26, 2019 @12:20PM (#21082515)
For anyone considering where to go to graduate school...

One's PhD experience is highly dependent on the university one attends and especially the professor that one works under. Each lab has a different culture and each professor treats students differently. It also matters a lot whether you are on fellowship or not (someone funded directly from a professor's grant is easier to bully/exploit).

Just like you should speak to employees at a company before joining it to get an idea of culture and work/life balance, prospective graduate students should speak to current graduate students to get an idea of life at a given lab. Most graduate students are openly aware of which professors are known for treating students like indentured servants and which are known for being hands off and generous with research funds. If you are trying to pick a university/lab, definitely go to visits and speak to 4th/5th year grad students (preferably over a beer or two). Typically by the end of their PhD, graduate students are willing to tell you the truth about the different labs/professors.

Also, remember that is often totally ok to switch labs within 1-2 years. Yes, it may set you back some on your progress, but it can be much better than being miserable for 5 years.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by electricslpnsld on Thursday September 26, 2019 @09:46AM (#21080819)
> No, what I really feel is that at work I am not actually treated like a servant any more but like a person.

My experience in FAANG research, outside of the pay > 100x multiplier, has been very different! In grad school we could work from anywhere at anytime, there was no requirement to be glued to a desk 14 hours a day and having to respond to emails on Friday nights or weekends or risk a bad performance review from your manager, no dystopian open office space, unlimited conference travel flexibility, etc. I actually kind of miss grad school despite having made 30K a year as a PhD student.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by dbancajas on Thursday September 26, 2019 @05:48PM (#21085936)
> rad school we could work from anywhere at anytime, there was no requirement to be glued to a desk 14 hours a day and having to respond to emails on Friday nights or weekends or risk a bad pe

which Univ gives 30K/year PhD? My top pay was 18K/year in my last year.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by albutr on Thursday September 26, 2019 @06:50PM (#21086451)
I think it's pretty typical, at least in physics. Every offer I had/that I have heard of was around 30k, I've only heard of one that was around ~24k iirc
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by frickinLasers on Thursday September 26, 2019 @10:15PM (#21087815)
Yep, STEM majors do relatively well.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by andrepd on Thursday September 26, 2019 @01:13PM (#21083057)
So you're making 3 million a year? :)
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by newen on Thursday September 26, 2019 @10:40PM (#21087927)
Yep, my experience was similar to yours and I miss grad school due to that flexibility. I don't know where else to find such flexibility while getting paid decently.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by IMAYousaf on Thursday September 26, 2019 @04:19PM (#21085069)
Hello. I'd like to share one slightly tangential anecdote and observation regarding this.

I have a friend who was in a PhD in Physics program at CalTech. Absolute genius of a kid, and was surrounded by other people who are incredibly smart. My friend was always a very ambitious person, and wanted to join Wall Street as a quant after completing his PhD because he was interested in maximizing his income, and found the problems presented in finance/markets more compelling than those found in academia.

When he intimated this to people in the Department, they looked at him as if he had suddenly grown tentacles, because it's unbelievable to them that anyone would want to do something other than academia. This is a stark contrast to friends I have at places like Stanford, where no one quite frankly cares.

This doesn't touch on any alleged bad behavior or stress or pressures or experiences that people have while in grad school, but I believe that the cultural forces at institutions govern how people feel pretty strongly. That isn't a profound observation or even revealing, but I just thought that people would like to see a quick human anecdote to maybe relate to people going through this.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by h2odragon on Thursday September 26, 2019 @09:04AM (#21080530)
Unwilling abusers. they know they're treting you bad, they feel its wrong, but its their job! and so they have to justify that behavior to themselves.

The victims must deserve it! Anyone so subhuman as to tolerate these conditions and abuses is evidently in need of punishment for being such a shank.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by ldng on Thursday September 26, 2019 @09:23AM (#21080657)
There is no unwilling. "It's the job" is no excuse.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by h2odragon on Thursday September 26, 2019 @09:47AM (#21080828)
Yes. Someone explained it to me that way once and the term stuck, it could be expressed better. "reluctant?"
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by bachmeier on Thursday September 26, 2019 @09:33AM (#21080732)
"The thing that I just cannot stop wondering is, why, knowing the perks of industry, advisers still treated us like this."

You can drop "knowing the perks of industry". There's no excuse for doing that under any circumstances, even if there is no industry alternative. I see this in many fields where grad students work in labs and are funded by grants. I wish universities would clean it up. There's simply no excuse for it. There's nothing about being in grad school that makes this behavior okay.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by dahart on Thursday September 26, 2019 @09:57AM (#21080904)
> The thing that I just cannot stop wondering is, why, knowing the perks of industry, advisers still treated us like this.

I think you had a bad advisor(s)! They’re not all like that. Maybe the group you were in was under a lot of funding pressure or something, that can cause bad behavior.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by plg on Thursday September 26, 2019 @10:01AM (#21080930)
+1 : my grad school experience was not like this. I'm sorry you went through this. For me grad school was the best time ever. Pursuing science while being protected and guided by a world expert, and doing so without grown-up responsibilities like getting grants, doing admin, etc. It was so. much. fun.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by sseagull on Thursday September 26, 2019 @10:20AM (#21081083)
I think postdoc is even better. Bit better pay and academic freedom. You are still somewhat shielded from responsibilities, but you can take that jump if you want to take the initiative.

But no thesis hanging over your head :)

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by KKKKkkkk1 on Thursday September 26, 2019 @10:58AM (#21081467)
The thing that I just cannot stop wondering is, why, knowing the perks of industry, advisers still treated us like this. Even though ostensibly trying to keep us, it felt more like squeezing out as much as they could.

But people in FAANG do work nights and weekends and it's totally not unusual to be assigned sudden bitchwork by your manager and have no recourse against it.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by tudelo on Thursday September 26, 2019 @11:03AM (#21081519)
This is not the case on every team...
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by wmp56 on Friday September 27, 2019 @02:33AM (#21089058)
The recourse is to move to another team or company.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by xiaolingxiao on Thursday September 26, 2019 @09:04AM (#21080531)
Saw this first hand at universities too. grad school has a lot of exploitation going on, and no one manages the professors.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by RJhKTcQMgG on Thursday September 26, 2019 @09:46AM (#21080820)
As a note, it is possible to be in a Ph.D. program and not be an employee of the University, at least in the US. Being on a grad student stipend is usually a choice. Advisors are treating you like that because you allow yourself to be treated like that.

Yes, I have a PhD. Yes, I paid my own graduate school tuition. Yes, I had a successful career in ML.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by high_derivative on Thursday September 26, 2019 @09:57AM (#21080908)
I used the term grad stipend loosely, I was on various scholarships that meant I was not technically an employee or dependent on funding from my adviser. Did not make a difference at all.

Where you are right is that I did allow myself to be treated like that. I could have quite any time, of course.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by RJhKTcQMgG on Thursday September 26, 2019 @10:08AM (#21080987)
Sorry you felt being abused or quitting were the only options. Strikes me as a false dichotomy, but, hey, don't know the particulars of your unique situation. But for others out there: your skill are highly valuable, others will pay for them, your advisor needs people with your skills, you have leverage. At least, try speaking up for yourself. Hell, organize. https://en.wikipedia.org/wiki/Graduate_student_employee_unio...
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by nkingsy on Thursday September 26, 2019 @12:20PM (#21082507)
I stuck it out trying to fix bad culture for a year last year. My mom had good advice: it’s really hard to change an established culture, impossible without support from the top.

I learned a lot being a squeaky wheel, but I didn’t change the culture in any meaningful way beyond getting us a lunch room.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by echelon on Thursday September 26, 2019 @09:04AM (#21080528)
If you don't mind my asking, what multiple of $100k is your salary? Is ML still much more highly paid than standard engineering?
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by varelse on Thursday September 26, 2019 @06:39PM (#21086364)
Fully expecting utter disbelief and skepticism, the best information I have indicates the compensation cap at FB is ~$3M. I have personally made up to $1.5M in a year doing AI work. If I had a higher threshold for pedigree BS in tech, I could have made ~$2M this year (but I don't and I have run out of you-know-whats to give about that personality type because life is too short for working with them IMO). In contrast, the NYT reported (previously) non-profit OpenAI's CEO made $2M annually from the get-go. I'm sure it's more now that it's OpenAI LP. And then there's Anthony Lewandowski's $120M comp at Waymo that somehow just wasn't enough for him. I can't relate to that.

Before AI, the most I had ever made in a year was $800K based on a long stock options play for a public company I knew was undervalued (and I was there for its rock bottom). And in academia, the most I ever made was $30K as a post-doc and $13K as a grad student before that. That anyone wonders why non-tenured sorts flee is mind-blowing.

In contrast, I've seen ruthless tenured types pull 7 figures with multiple labs at multiple institutions and lucrative consulting contracts with private industry and the military. All whilst cheating on their spouses or sleeping with their students, sometimes both.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by xiaolingxiao on Thursday September 26, 2019 @07:49PM (#21086936)
were you high up in the org? Or an individual contributor on something that had a very strong measurable relationship with the bottom line?
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by varelse on Thursday September 26, 2019 @07:53PM (#21086967)
High on the technical track as an IC that made multiple significant moneymaking contributions over the past decade (which was used against me last year at my last employer because I hadn't done sufficient pure research in that past decade to merit consideration as a scientist despite my doctorate).

My attempt to go into management was pretty disastrous due to my inexperience and toxic internal politics. And that made me lose interesting in pursuing it further because politics are just not my strong suite.

Mid-range engineers at FB I know personally are making ~$500K supporting AI efforts. AI is really lucrative for now and probably always will be. But I hope there's a purge of the posers in the field somewhere down the road.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by high_derivative on Thursday September 26, 2019 @09:10AM (#21080574)
The salaries at FAANGS are level-driven, so I refer to levels.fyi. I think the perk of being a research scientist is more freedom, building prototypes, not having to do support/oncalls in general, just being able to hand off that type of work.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by throwawayjava on Thursday September 26, 2019 @09:37AM (#21080750)
3x to 4x depending on col. Grad student stipends are only 30k, sometimes lower

ML isn't much higher paid than standard engineering, but new PhDs from top schools who would've been competitive faculty applicants tend to get jobs at top paying firms and enter toward the top of the non-executive ranks.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by readhn on Thursday September 26, 2019 @09:09AM (#21080566)
grad student stipend can be as low as 20-30K a year, depending on a school.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by chrisseaton on Thursday September 26, 2019 @09:26AM (#21080691)
It's also that as someone coming in with a PhD you will start halfway up the career ladder. My first job was a 'senior'.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by marmaduke on Thursday September 26, 2019 @10:03AM (#21080950)
> No, what I really feel is that at work I am not actually treated like a servant any more

Yessssss this. Even as a more permanent lab member (staff) I don't have clear defined role outside of, do what no one else wants to. It's not just the students!

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by dbancajas on Thursday September 26, 2019 @05:48PM (#21085939)
Tell us your salary?
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by patientplatypus on Thursday September 26, 2019 @11:44AM (#21082037)
At a guess, are you a foreign student? Most post graduate degrees are being gotten by foreigners, because that’s how the economics works as the education ponzi scheme collapses.

The sweet spot, in terms of ROI, is to get a bachelors degree and go immediately into industry. The student shows they are competent enough to succeed on their own at a school environment where they have a nonzero probability of failure. For foreigners they stay in school for as long as possible so their green card can process. It’s not worth the risk of working for a company where they can be fired immediately and sent home, and it’s likewise not worth the cost of an h1b to companies for an undergrad. Since we graduate more phds every year than academia can absorb into teaching positions the green card process is effectively subsidizing postgrad programs, where the product is Indians and Chinese (primarily) who are desperate to get a high paying job in industry. Look up the numbers if you’d like.

At a societal level this is disastrous as it means that we have many foreign born who disproportionately hold the highest paying positions in society. Prosperity gospel and American exceptionalism aside this just leads to mass discontent and nationalism. It’s hard to argue they are wrong - why should a native born American allow a foreigner to take the highest paid jobs if given a choice? This leads (among other ways the country ignores and marginalizes poor native born citizens) to the election of people like Donald Trump.

This is not to say foreigners are bad - they often come from hard places where life isn’t easy. The real villains in this story are the aristocrats of the education empire. “More money for me and fuck everyone else,” seems like a common refrain these days.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by grasias on Thursday September 26, 2019 @10:02PM (#21087741)
There are several misconceptions here. First, foreign students rarely can apply for green cards, since student visas are not dual/immigrant intent. Instead the process usually starts after they get a job. And you can get fired from the job regardless of whether you have a BS or PhD. Also, most PhD students have a stipend and tuition waiver paid for by the university in exchange for teaching and research duties. Almost no PhD student pays the university a dime. MS is another story.

There is a demand for people with scientific and data skills and not enough natives hold these qualifications. However, I do agree that the education system is broken and the main reason why native born citizens don’t pursue higher studies is that they are usually under the burden of large educational loans.

There is also a smaller issue that liberal arts is a common choice for American students, which makes many of them unemployable. However, perhaps due to cultural pressure, many Indians and Chinese end up in science and engineering, which are in very high demand.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by wolco on Thursday September 26, 2019 @12:35PM (#21082677)
This just devalues the phd because the smartest native minds are skipping them and successful images of leaders without them are displgayed everywhere which stops everyone aside from foreign students from obtaining them.

I can't think of one successful tech leader with one. I'm sure there are many but they stopped being included when they discuss successes.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by opportune on Thursday September 26, 2019 @01:18PM (#21083113)
Larry and Sergey were PhD students when they started Google

I think it’s not just devaluing the PhD, it’s changing it from something that gets you a job in research, hopefully academia, to in many cases just another credential to help you in the immigration process and getting a coveted American job.

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by supahfly_remix on Thursday September 26, 2019 @12:45PM (#21082772)
biotech startups often have PhDs as founders and leaders.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by wbl on Thursday September 26, 2019 @12:16PM (#21082461)
Know nothingism redux. Maybe those native born Americans should have made cars that didn't suck.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by anonymousDan on Thursday September 26, 2019 @09:45AM (#21080816)
Boohoo. What exactly is your complaint? You did a PhD, learned advanced skills that made you more attractive to a company, and now you are reaping the benefit. Do you think you should have been given the same salary as a PhD? Come on.
Re:At Tech’s Leading Edge, Worry About a Concentration of Power by dang on Thursday September 26, 2019 @09:58PM (#21087707)
Would you please not post personally nasty comments to HN? We're trying for a bit better than that here.

https://news.ycombinator.com/newsguidelines.html

Re:At Tech’s Leading Edge, Worry About a Concentration of Power by eeZah7Ux on Thursday September 26, 2019 @10:23AM (#21081114)
> I have not adjusted my lifestyle

That's one gentle way of describing conspicuous consumption.