If you want to do fundamental research, the jobs are very scarce and, in many cases, not particularly good in terms of salary, stability, or location. A postdoc in the life sciences makes $50-65k/year, often either in a) a high cost-of-living area (Boston, SF) or b) a land-grant institution in the middle of nowhere, which is tough with a partner. These are usually short contracts too--mine is renewed annually. Faculty and Pharma jobs pay better, obviously, but are also pretty thin on the ground.
I like doing research that makes the world better, but doing so is an incredible luxury, even coming from a decently middle-class background. If my family were even slightly poorer, there's no way this would be possible and if one of them were to get sick or hurt, I can't imagine how I'd be able to stick it out.
It doesn't have to be this way, obviously. We could fund more stable positions--and I think it'd probably work out to more/better science per dollar spent. But right now...we definitely don't.
I'd change "the best minds" to the "some of the most educated and technically prepared minds".
And it's not only to click ads, there is a whole lot of engineers (even more in poorer countries such as Brazil) who end up working in banks and finance, mostly to deal with complex spreadsheets.
If by "best" we mean, most educated, most capable of solving engineering problems, "highest IQ" etc. (Which is how we generally define best in this context) Then yes.
There used to be a big incentive for the smart scientific and engineering minded types to go into academia, but now the majority go into either financial services or tech work because that is where the high salaries and actual problem solving are.
Well, the idea is that they demand the highest salary and those who pay the highest salary are companies interested in improving ad-clicking. It's not "abstractly best" but "empirically best". If you get the most money, you are by some definition the best.
If you want to do fundamental research, the jobs are very scarce and, in many cases, not particularly good in terms of salary, stability, or location. A postdoc in the life sciences makes $50-65k/year, often either in a) a high cost-of-living area (Boston, SF) or b) a land-grant institution in the middle of nowhere, which is tough with a partner. These are usually short contracts too--mine is renewed annually. Faculty and Pharma jobs pay better, obviously, but are also pretty thin on the ground.
I like doing research that makes the world better, but doing so is an incredible luxury, even coming from a decently middle-class background. If my family were even slightly poorer, there's no way this would be possible and if one of them were to get sick or hurt, I can't imagine how I'd be able to stick it out.
It doesn't have to be this way, obviously. We could fund more stable positions--and I think it'd probably work out to more/better science per dollar spent. But right now...we definitely don't.