frontpage.
newsnewestaskshowjobs

Made with ♥ by @iamnishanth

Open Source @Github

fp.

OpenCiv3: Open-source, cross-platform reimagining of Civilization III

https://openciv3.org/
594•klaussilveira•11h ago•176 comments

The Waymo World Model

https://waymo.com/blog/2026/02/the-waymo-world-model-a-new-frontier-for-autonomous-driving-simula...
901•xnx•17h ago•545 comments

What Is Ruliology?

https://writings.stephenwolfram.com/2026/01/what-is-ruliology/
22•helloplanets•4d ago•17 comments

How we made geo joins 400× faster with H3 indexes

https://floedb.ai/blog/how-we-made-geo-joins-400-faster-with-h3-indexes
95•matheusalmeida•1d ago•22 comments

Unseen Footage of Atari Battlezone Arcade Cabinet Production

https://arcadeblogger.com/2026/02/02/unseen-footage-of-atari-battlezone-cabinet-production/
28•videotopia•4d ago•0 comments

Show HN: Look Ma, No Linux: Shell, App Installer, Vi, Cc on ESP32-S3 / BreezyBox

https://github.com/valdanylchuk/breezydemo
203•isitcontent•11h ago•24 comments

Monty: A minimal, secure Python interpreter written in Rust for use by AI

https://github.com/pydantic/monty
199•dmpetrov•12h ago•91 comments

Show HN: I spent 4 years building a UI design tool with only the features I use

https://vecti.com
313•vecti•13h ago•137 comments

Microsoft open-sources LiteBox, a security-focused library OS

https://github.com/microsoft/litebox
353•aktau•18h ago•176 comments

Sheldon Brown's Bicycle Technical Info

https://www.sheldonbrown.com/
355•ostacke•17h ago•92 comments

Hackers (1995) Animated Experience

https://hackers-1995.vercel.app/
459•todsacerdoti•19h ago•231 comments

Delimited Continuations vs. Lwt for Threads

https://mirageos.org/blog/delimcc-vs-lwt
24•romes•4d ago•3 comments

Show HN: If you lose your memory, how to regain access to your computer?

https://eljojo.github.io/rememory/
259•eljojo•14h ago•155 comments

Dark Alley Mathematics

https://blog.szczepan.org/blog/three-points/
80•quibono•4d ago•19 comments

An Update on Heroku

https://www.heroku.com/blog/an-update-on-heroku/
392•lstoll•18h ago•266 comments

Was Benoit Mandelbrot a hedgehog or a fox?

https://arxiv.org/abs/2602.01122
7•bikenaga•3d ago•1 comments

PC Floppy Copy Protection: Vault Prolok

https://martypc.blogspot.com/2024/09/pc-floppy-copy-protection-vault-prolok.html
53•kmm•4d ago•3 comments

Vocal Guide – belt sing without killing yourself

https://jesperordrup.github.io/vocal-guide/
3•jesperordrup•1h ago•0 comments

How to effectively write quality code with AI

https://heidenstedt.org/posts/2026/how-to-effectively-write-quality-code-with-ai/
235•i5heu•14h ago•178 comments

Introducing the Developer Knowledge API and MCP Server

https://developers.googleblog.com/introducing-the-developer-knowledge-api-and-mcp-server/
46•gfortaine•9h ago•13 comments

Why I Joined OpenAI

https://www.brendangregg.com/blog/2026-02-07/why-i-joined-openai.html
122•SerCe•7h ago•103 comments

I spent 5 years in DevOps – Solutions engineering gave me what I was missing

https://infisical.com/blog/devops-to-solutions-engineering
136•vmatsiiako•16h ago•60 comments

Show HN: R3forth, a ColorForth-inspired language with a tiny VM

https://github.com/phreda4/r3
68•phreda4•11h ago•12 comments

Understanding Neural Network, Visually

https://visualrambling.space/neural-network/
271•surprisetalk•3d ago•37 comments

Female Asian Elephant Calf Born at the Smithsonian National Zoo

https://www.si.edu/newsdesk/releases/female-asian-elephant-calf-born-smithsonians-national-zoo-an...
25•gmays•6h ago•7 comments

I now assume that all ads on Apple news are scams

https://kirkville.com/i-now-assume-that-all-ads-on-apple-news-are-scams/
1044•cdrnsf•21h ago•431 comments

Zlob.h 100% POSIX and glibc compatible globbing lib that is faste and better

https://github.com/dmtrKovalenko/zlob
13•neogoose•4h ago•9 comments

Learning from context is harder than we thought

https://hy.tencent.com/research/100025?langVersion=en
171•limoce•3d ago•92 comments

FORTH? Really!?

https://rescrv.net/w/2026/02/06/associative
60•rescrv•19h ago•22 comments

Show HN: Smooth CLI – Token-efficient browser for AI agents

https://docs.smooth.sh/cli/overview
89•antves•1d ago•66 comments
Open in hackernews

How many PhDs does world need? Doctoral graduates outnumber academia jobs

https://www.nature.com/articles/d41586-025-01855-w
38•TMWNN•7mo ago

Comments

TMWNN•7mo ago
Title edited by me from "How many PhDs does the world need? Doctoral graduates vastly outnumber jobs in academia"
gbacon•7mo ago
It was the verbatim title of the article, and it contains

> A 2023 study2 of more than 4,500 PhD graduates in the United Kingdom found that over two-thirds of doctoral graduates were employed outside academia.

If 67-33 isn’t a vast difference, what is?

TMWNN•7mo ago
> It was the verbatim title of the article

I had to shorten the title to fit HN's character limit.

dekhn•7mo ago
This happened when I was in grad school back in the late 90s. Clinton increased the budget of the NIH significantly (thanks Bill) which led to a huge increase in training grants allowing PhD programs to expand. However, faculty positions did not expand, so many PhDs had to find alternate careers (most people go into PhD program to get a faculty/researcher position). This actually worked out really well for bigtech, which hoovered these folks up. I worked with tons of ex-physicists who were great programmers especially at machine learning. It turns out that many of the things you need to thrive in a PhD program translate to bigtech engineering needfs.
jojobas•7mo ago
That sure applies to maths/physics PhDs, not so much for arts ones, these are still competing for a handful of academic jobs and the rest go to menial jobs with huge debts.
redczar•7mo ago
You think it was a bad decision to increase NIH budget?
dekhn•7mo ago
That's a great question. To the extent that increasing the budget caused more smart people to get PhDs and more of them were able to contribute to the scientific effort (as well as help bigtech develop ML and contribute back to science), I think it was a good idea.

It might have been better executed- somehow matching the increased supply of grad students with increase supply of faculty positions, or perhaps just growing it more slowly to let the inequalities equilibrate a bit more. But ultimately, I think it was a good thing, in that it increased the total science being done.

wileydragonfly•7mo ago
Yeah, NIH had two guys (Lauer and Collins) that tried to do all kinds of things to spread out funding to junior researchers and increase the number of jobs. The entrenched investigators fought them every step of the way and Trump has since run both off.
redczar•7mo ago
Thanks for the clarification.
tptacek•7mo ago
My understanding is that there are lots of industry jobs in NIH's ambit that tacitly require PhD's (very much unlike the technology industry).
aleph_minus_one•7mo ago
> It turns out that many of the things you need to thrive in a PhD program translate to bigtech engineering needfs.

This is contrary to my life experience (even for math or physics PhDs).

What makes a great PhD thesis is to question an insane lot of assumptions of deep results in the field of your PhD thesis, and show that if you base these on a very different foundation, these results generalize to whole different areas; e.g. you found a bridge between seemingly unrelated areas of studies.

On the other hand, managers deeply hate it if you question a lot of assumptions behind the work that you do, whether it is some special case of something deeper, and aren't obedient to the manager's leadership.

In other words: a great PhD program teaches you to think and work all the time on things managers will hate you for.

dekhn•7mo ago
Certainly a subset of PhDs who work at bigtech fail to have any impact. I've seen a few brilliant but inflexible people hit up against the immovable parts of a corporation. I've also seen brilliant PhDs who refuse to study for a software engineering interview... and then fail miserably. But by and large, based on hundreds of individuals, I've found that quantitative PhDs can drop into many SWE roles and contribute- both mundane improvements to code quality, and massive improvements to the foundations of projects.
znpy•7mo ago
> I've seen a few brilliant but inflexible people hit up against the immovable parts of a corporation.

With such an attitude it would have only been a matter of time before they hit up the immovable part of academia as well.

sien•7mo ago
It's global.

Here is something on Australia :

https://theconversation.com/australia-has-way-more-phd-gradu...

Key quotes :

The number of PhD completions has been steadily growing over the past two decades, from about 4,000 to about 10,000 per year.

According to our calculations* based on the information available, the cumulative number of people in Australia with a PhD has increased from about 135,000 in 2016 to about 185,000 in 2021.

The incentives are for Universities to get smart young people to do their work cheaply.

What happens to the graduates afterwards ceases to be the University's problem.

The only strange thing about it is that the smart young people are taking so long to figure it out.

lapcat•7mo ago
> The only strange thing about it is that the smart young people are taking so long to figure it out.

I don't think it's so strange. They're smart in their chosen fields, but intelligence is not wisdom or hard experience. Moreover, intelligence breeds confidence, often overconfidence, the idea that you'll be the one to beat the odds. I suppose the same thing happens to young, talented athletes, for example.

aleph_minus_one•7mo ago
> Moreover, intelligence breeds confidence, often overconfidence

Quite the opposite: intelligence is linked to depression: https://engl105sp2020.web.unc.edu/2020/02/is-there-a-link-be...

lapcat•7mo ago
1) Mental illness is not the opposite of academic confidence. And graduate school applicants must demonstrate undergraduate academic achievement in order to be accepted, so there is a clear basis for confidence.

2) IQ is pseudoscience.

3) "Karpinski and her team emailed several members of a group named “American Mensa” OMG just stop right there.

4) "The authors of this study could not find a similar group of average intelligence people to utilize as a control group, so they used national data regarding disorders of people with any range of intelligence and assumed overall intelligence would be average." Garbage.

aleph_minus_one•7mo ago
> The only strange thing about it is that the smart young people are taking so long to figure it out.

They find out very fast, but come to the conclusion that academia is one of the few places where their intelligence is valued.

georgeburdell•7mo ago
I have a PhD and I felt that I had to deprogram myself to fit in with BigTech. With a PhD, I would uncompromisingly pursue a single goal. Ideas were worth something. In Big Tech, ideas are in abundance but time is short, and I must compromise to follow through on my commitments. The only thing I really have an advantage over non-PhDs is that I get suspicious of good results

Edit: totally unrelated, but PhDs in the West basically seem to be immigration schemes, and universities are happy to play along.

gopher_space•7mo ago
Money brought in by foreign students is greater than money brought in by out of state students, which is greater than money brought in by local students. The way tuition is set up as a general concept will lead to this situation if your institution lasts long enough.
lapcat•7mo ago
Many graduate students get tuition waivers, so this is largely irrelevant.

The difference is that in graduate school, there's little or no bias in favor of in-state candidates, whereas for state universities, it's basically their mission statement to make dedicated space for in-state undergraduates.

Keep in mind that graduate school admission is controlled by the individual academic departments, but individual academic departments don't directly get tuition money from its students. The professors on the admissions committee don't care how much tuition the students pay.

judahmeek•7mo ago
> The professors on the admissions committee don't care how much tuition the students pay.

I'm confident that all professors are aware of the revenue streams of their universities and are incentivized to maximize those revenue streams, even if only implicitly.

lapcat•7mo ago
> I'm confident that all professors are aware of the revenue streams of their universities and are incentivized to maximize those revenue streams, even if only implicitly.

I'm confident that they aren't.

Furthermore, professors have to work personally with their grad students. Teach them, advise them, employ them, publish with them, recommend them for jobs. It's ridiculous to suggest that they're choosing their students based on in-state vs. out-state tuition. That's the very last thing they give a damn about. Do you have any first-hand knowledge of graduate school?

judahmeek•7mo ago
My girlfriend recently got her master's in Wildlife Conservation.

> Teach them, advise them

These two actions are required.

> employ them, publish with them, recommend them for jobs

These actions are not required, at least at the American state university my girlfriend attended.

> It's ridiculous to suggest that they're choosing their students based on in-state vs. out-state tuition.

It's not ridiculous when there's such an obvious institutional incentive, even if it makes their personal lives a little more difficult.

Also, you seem to be making an argument that out-of-state or international students are less capable than in-state students, enough that it would negate the incentive of different tuition rates.

What evidence do you have to support that?

lapcat•7mo ago
> master's in Wildlife Conservation

I wasn't aware that there was such a program. Anyway, there's a huge difference between Masters and PhD.

> These two actions are required.

The first, anyway. ;-)

But you seem to be missing the point. Professors are required to teach the graduate students, but the graduate admissions committee isn't required to admit any specific person or type of person. The professors get to choose who they want to teach and advise.

> These actions are not required

What's your point? Professors generally want to do these things. They need teaching assistants, they need lab assistants, they need research assistants. Professors recommend their advisees for jobs, just like the professors' professors recommended them for jobs when they were advisees; that's what you do, and what you want to do to futher your own reputation as a professor.

> It's not ridiculous when there's such an obvious institutional incentive, even if it makes their personal lives a little more difficult.

Universities are not rigidly hierarchical. Academic departments and tenured professors have a lot of power and independence. They actually don't have to sacrifice their personal lives for the sake of some administrator's goal.

> Also, you seem to be making an argument that out-of-state or international students are less capable than in-state students

Not at all. In fact, admitting in-state students is not particularly common in elite PhD programs, even at state universities. The reason has nothing to do with tuition and everything to do with competition: the admissions committee is free to pick the best applicants from wherever. I already mentioned this in an earlier comment: "The difference is that in graduate school, there's little or no bias in favor of in-state candidates, whereas for state universities, it's basically their mission statement to make dedicated space for in-state undergraduates."

I also said, "Many graduate students get tuition waivers, so this [tuition] is largely irrelevant."

judahmeek•7mo ago
Google search results back up the accuracy of your claims for PhD students, especially regarding tuition waivers.

I focused on your use of the term "graduate student" and applied that to master students as well, which, in the context of the post that triggered this discussion, doesn't make a lot sense.

I apologize for that and appreciate your patience & clarification.

627467•7mo ago
I'm not questioning that PhD programmes infuse skills/knowledge useful in big tech but I wonder if here we're are also looking at useless grade/degree inflation. Surely if there's surplus of "overqualified individuals" it becomes cheaper to hire them. Is it net cost effective for all that this is the case? Do you really gain so much by wasting(?) 3 to 5 years in a PhD programme?
rus20376•7mo ago
https://archive.is/VqD9K
streptomycin•7mo ago
For someone thinking about grad school who does not want to go into academia as a career, a PhD advisor with industry experience is not a bad idea. They will understand what you need to succeed in industry and have connections. Might be easier to find in engineering departments.
azhenley•7mo ago
As a professor, I believe virtually all profs should have industry experience and occasionally go back for a year or two. (I’ve bounced back and forth!)
wombatpm•7mo ago
How did that affect getting tenure? My experience watching my advisor go through that process is that an industry stint would negatively impact the process.
raddan•7mo ago
There are a lot of variables, but from personal experience it also depends on how you talk about that experience in your tenure dossier. I was able to spin a research finding into a commercial product. Due to intracompany politics, that product never shipped. But my tenure committee talked glowingly about my ability to take a research idea and polish it into something that a major software company would pay me to commercialize.
aleph_minus_one•7mo ago
> As a professor, I believe virtually all profs should have industry experience and occasionally go back for a year or two. (I’ve bounced back and forth!)

For quite some professors I imagine that going back to industry would make them a lot more arrogant. In academia, being surrounded by very smart people dampens the arrogance a lot because you realize that you may be smart, but not that smart. On the other hand, in industry you have much less people around you that can intellectually stand up against you, which easily makes you smug.

BrandoElFollito•7mo ago
It depends on the industry. In high tech they would not carry the "professor" shine, they are just one more person in the meeting.

They would also quickly suffer from corporate politics is they are not used to it (and they will be exposed because professor).

OTOH I think they can become more arrogant when they are back to the uni, now that they have seen both worlds

aleph_minus_one•7mo ago
> PhD advisor with industry experience is not a bad idea. They will understand what you need to succeed in industry and have connections.

My industry experience taught me the following things:

- In industry, there exist quite some deep, interesting (e.g. math, programming) problems that (unluckily) many people in academia don't have on their radar. These kinds of problems often don't fit into the "boxes" of academic disciplines.

- People in industry are not interested that you attempt to work on a breakthrough on some of these problems (even in your free time) - even if this would give the company millions or even billions of money. They will instead actively be fighting you if you question anything non-shallow.

So to answer your implicitly stated question what you need to succeed in industry: keep your mouth shut, question nothing, and shut off your intelligence. Otherwise you are considered to be a troublemaker.

armchairhacker•7mo ago
> In industry, there exist quite some deep, interesting (e.g. math, programming) problems that (unluckily) many people in academia don't have on their radar. These kinds of problems often don't fit into the "boxes" of academic disciplines.

Can you give some examples?

aleph_minus_one•7mo ago
> Can you give some examples?

I have reasons for being a bit cautious on giving details, but some hints on example areas are:

- Understanding the dynamics (mathematics) of some exotic markets that are currently outside of the focus of investors. Very interesting mathematics is involved, but this is too "mathy" for many economists, and (currently, because the rules of the market dynamic still have to be sufficiently understood) too "vague" for many mathematicians who work in academia.

- If you work on data integration problems and/or LoB business applications of some big, conservative companies, you begin to see that many of these problems are instances of deep abstract mathematical structures that are outside of the focus of the academic mathematicians who work in the respective academic area (think for example into the direction of algebraic geometry or algebraic topology): it is too "applied" for them. On the other hand, people in industry have a hate for people seeing these deep abstract patterns that could simplify the applications.

- If you look deeply into some business calculations, you might think that the mathematics that is used there is "easy". But if thus some "theory" describing the business calculations does not need to describe "complicated" things that (academic) mathematicians love to think about - wouldn't this mean that there could exist a great abstraction that simplifies these business calculations a lot in computer programs?

- If stochastics is used in, say, insurance industry in a much more "simple" way than in probability textbooks: couldn't there exist a much "simpler" (but likely very different) theory of stochastics that is sufficient to describe and solve the kind of questions that people in the respective industry care about (though for sure not the kind of questions that academic mathematicians who work in probability theory care about)? Again: people who work in industry hate employees who think about such questions. On the other hand, people in academia are interested in different questions.

- If you look at the source code of some historically grown (but business-critical) business application, you begin to understand that there is no known data structure documented in academic literature that can describe all these things. So you start deriving it on your own. The problem is: business people don't like such deep thinking about the "correct data structure" for their business problems. On the other hand, academic computer scientists are not interested in this question either, because the things that the data structure describes is deeply intrtwined with how the business processes of the respective company work.

gbacon•7mo ago
Which industry and in what role and context? From someone I’ve hired to design a CRUD or mobile app, I’m not all that interested in a proof that a particular two-symbol Turing machine happens to do the job. It may be an interesting result from a research perspective, but it’s not what I’m paying for or on the hook to deliver. Instead, it looks like procrastivity that makes my job more difficult.
lapcat•7mo ago
One of the problems is that universities exploit graduate students as cheap labor in teaching and research while they're in school, so the universities have an incentive to admit more incoming students than can be placed in academic jobs.
Simulacra•7mo ago
And then charge undergraduates more, making them take classes they don't need, in order to justify paying those graduate student GTAs.
lapcat•7mo ago
I'm puzzled by this response to my comment about the cheapness of grad student labor.

Grad students are doing work that would otherwise have to be performed by full professors, who are vastly, vastly more expensive than grad students. So in my opinion, to blame undergraduate tuition on graduate students just seems... bizarre?

musicale•7mo ago
Underpaid grad students and postdocs are the dirty-but-not-exactly-secret source of research productivity per dollar in the US.

But the pyramid is unsustainable even if each PhD only trains one or two new PhDs every 5 years.

Apreche•7mo ago
This is a problem in many industries, for example animation.

https://www.cartoonbrew.com/ideas-commentary/annecy-exposes-...

I’m beginning to think we need to change academia to be driven more by employer demand than by student demand. Stop lying to people, like I was lied to. You probably can’t live your dream. You probably can’t grow up to be what you want. The vast majority of people have to do what society needs.

Let various industries tell the universities what kind of labor force is needed. Then universities should set the numbers of students they accept for those majors accordingly. The time to tell people no is before they spend several years of their lives and a fortune of tuition money in training to do something that will be a dead end.

lawlessone•7mo ago
Perhaps we should do the same in schools and let local industries choose the curriculums most suitable to their needs.

Children in coal towns don't need to know Shakespeare and shouldn't have aspirations./s

LudwigNagasena•7mo ago
Shakespeare is read in middle school. It’s also available for purchase in any bookshop along with supplementary material, not to mention various free materials on YouTube, forums, study groups, etc. It’s not some sort of sacred knowledge only available to PhD students.
lawlessone•7mo ago
>Shakespeare is read in middle school.

Sounds wasteful.

The children do not need this to serve my coffee or work in the mines.

Business First.

LudwigNagasena•7mo ago
You need a lot of children in the mines to support so many Shakespeare PhDs, so I am not sure you are making a point you are trying to make.
dctoedt•7mo ago
> Children in coal towns don't need to know Shakespeare and shouldn't have aspirations.

That's a pretty astounding assertion.

lapcat•7mo ago
> That's a pretty astounding assertion.

Or obvious sarcasm.

dctoedt•7mo ago
Ah — point taken; I missed the "/s" at the end (it might not have been there when I read the comment).
lawlessone•7mo ago
In your defence i added the /s later, after I realized it there are people that would genuinely hold that opinion.
lawlessone•7mo ago
I know, i was trying to bring the idea of business controlling education to a "reductio ad absurdum"
Analemma_•7mo ago
Academia will never go for this of its own volition, because "higher education is about learning for its own sake and becoming a more complete individual and citizen" is key to academics' self-conception. They never want to admit to being "mere" vocational training, now matter how clear it is that's what they are and have been for a while. If your proposed change does happen, it will have to be forced on them from without.
Simulacra•7mo ago
Correction: higher education will never go for this because it's not profitable
nitwit005•7mo ago
Even in some sort of hypothetical sotuation where money isn't an issue, if you have 3 schools, and only need 1, you can see none of the schools wanting to be the ones to be shut down.
TheRealPomax•7mo ago
This is called proposing a short sighted solution to an incredibly complex problem, and you should ask yourself some serious questions about why this is what you think should happen. Then look up the many times others suggested this and the overwhelming arguments that people have made to go "absolutely not, because education does not serve industry, is not paid for by industry, and is not appreciated by industry" in many, many variations.
yummypaint•7mo ago
With a decent general education as a prerequisite, most adults are able to do most jobs well. That is the best way for most people to hedge against things being disrupted.

It's impossible to know what the future will hold for one's profession. Industry recently demanded "coders" and now a generation of compsci majors are finding the jobs of the present aren't the jobs of the past. A similar thing happened to secretaries and typists. Meanwhile people who were perhaps language or history majors and ended up with stronger communication skills often end up as executives. There are many paths.

gbacon•7mo ago
Part of Accreditation Board for Engineering and Technology (ABET) accreditation is having an Industrial Advisory Board (IAB). Whether it is a box to be checked or a source of input for thoughtful consideration is another question.

Asking career academics to adapt to industrial environments with which many (clinical professors or professors of practice excepted) have limited experience seems like a bridge too far.

What is the source of the assumption that all PhD students want academic posts? The article cited a survey that concluded PhD holders were largely satisfied with their careers, so that population don’t appear to be the squeaky wheels. Other motivations for pursuing a PhD include climbing the mountain because it’s there, moving up the labor schedule, going for a senior position later in one’s career, good relationship with a particular advisor, or delaying entry into the real world.

Simulacra•7mo ago
Where there are students willing to pay, and government willing to back up their loans, there will always be schools telling students they should spend more. It seems like it used to be harder to get a Phd..
bwfan123•7mo ago
Einstein did not get an academic job after his PhD.

If it can happen to Einstein, it can happen to the average PhD of today. But, PhDs are over-qualified for the average job (as was Einstein when he worked as a patent clerk), and employers may be reluctant to hire over-qualified folks.

ldjkfkdsjnv•7mo ago
phd programs are largely immigration backdoors
raddan•7mo ago
This is false. Many PhD graduates struggle to find jobs in the US. And even if it were true, that would be fine. These people were trained here, understand the American style of research, and want to contribute. It is a massive loss to the US to blindly turn them away.
simianwords•7mo ago
How does this work?
jleyank•7mo ago
In bupiotech/pharma, including software support for modeling, the PhD is the entry level degree. Non research degrees are usually technicians, valuable but lesser stature and pay. Unless their hands are superb in the lab. This consumes much of the production particularly with the boomer cohort actively retiring.
rapjr9•7mo ago
Some grad students are finding a third path, remain a grad student. The pay is poor, but sometimes the work is interesting enough. After 8-10 years you've made enough contacts and gotten enough job interest that you have choices for doing something else. If you invent something truly new and useful that can lead to an income as well. It is quite obvious that getting a PhD is not a sustainable path to working as a professor once the number of PhD's exceeds the retirement rate of the profs.
musicale•7mo ago
This just in - pyramid schemes eventually collapse!

But it seems like we still have a lot of tough, unsolved problems. Might be nice to have some smart people working to help solve them.

musicale•7mo ago
Someone opposes solving hard problems I guess.
daft_pink•7mo ago
It’s sad that in fields where doctoral degrees are needed for licensing like psychology, they haven’t greatly expanded the number of PhD’s.

While working doctorates exist, having more working people with doctoral experience wouldn’t be such a bad thing.