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by rangestransform
10 days ago
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There was a real human cost to how China industrialized that isn’t “muh freedoms”. China overproduced STEM grads so that their industries could hire them for pennies on the dollar. They had to withstand insane competition starting in elementary school, only to end up unemployed or doordashing. This isn’t a PRC specific thing either, TSMC is infamous for having PhDs doing night shift lab tech work for pennies (comparatively). |
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I don't know why people keep bringing this up as though it is surprising.
In almost any field other than AI PhDs are underpaid on average.
There are many, many bio PhDs working as lab technicians.