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by herodotus 2452 days ago
Quick Answer: No it will not.

I have a Ph.D, and I have worked both as an academic and as a developer (at Apple). More than half the people in my group at Apple had PhDs, but I would say that their degree was irrelevant to their position and job. What mattered was the skill and passion they brought to their work.

The people I met who were truly happy in their job (either in university of industry) were the ones who loved what they did. If you love doing research, and all that goes with it: reading articles, writing papers, advancing knowledge, then, assuming you have talent too, you will be happy as an academic, and you will need a PhD. If, on the other hand, you want to be creative, contribute to a team effort, work with like minded others, then you do not need a PhD. I do not believe that getting a PhD will give you "expertise/knowledge/academic maturity".

Personally, I learned WAY more outside of university, and tackled much more interesting problems after I left. My post-research life was much happier than my research life.

Good luck.