| These reasons for getting a PhD seem extremely one-sided and, frankly, inaccurate. > Exclusivity. There are very few people who make it to the top PhD programs. Top companies are even more exclusive than PhD programs in terms of acceptance rate. > you’re strictly more hirable as a PhD graduate or even as a PhD dropout and many companies might be willing to put you in a more interesting position or with a higher starting salary This is 100% false. Many many people have found a PhD to be a handicap when it comes to getting a job, particularly in software engineering. A large number of employers have anti-PhD biases which will work against you. > Ownership. The research you produce will be yours as an individual. Your accomplishments will have your name attached to them. My experience with academic research is just the opposite. I think it's patently ridiculous that professors get "authorship" credit on papers even when they had a minimal, at best, role in it. Meanwhile in companies you can have a tangible impact and see real results/credit from it (bonuses, promotions). Not to mention that many universities have draconian IP policies. |
Acceptance rate is meaningless unless the base populations are the same. Considering only the (hopefully) top graduates are interested in applying for PhD, whereas most graduates have to look for jobs, acceptance rates between grad school and companies are really comparable.
> I think it's patently ridiculous that professors get "authorship" credit on papers even when they had a minimal, at best, role in it.
Think of professor as a spiritual mentor. I don't think Jony Ive put his hands on the drawing of latest apple watches anymore, and he gets to sit in the white room every year. It's the philosophical guides he puts into his team that earn him the privilege.
In terms of material compensation, I totally agree with you that companies generally pay much better. The credit part is really nominal. I've know some people working in google, facebook. Their projects range from google cardboard, google daydream, fb live video, to fb 360 video. Honestly, I have never seen their names/credits anywhere else but our private conversations. It's nowhere to be found.