Why Science Is a Lousy Career Choice
Hugh Pickens writes "President Obama had a town hall meeting at Facebook's headquarters last week and said that he wanted to encourage females and minorities to pursue STEM disciplines (Science, Technology, Engineering, and Mathematics). However, Pastabagel writes that the need for American students to study STEM is one of the tired refrains in modern American politics and that plenty of people already study science, but they don't work in science. 'MIT grads are more likely to end up in the financial industry, where quants and traders are very well compensated, than in the semiconductor industry where the spectre of outsourcing to India and Asia will hang over their heads for their entire career.' Philip Greenspun adds that science can be fun, but considered as a career, science suffers by comparison to the professions and the business world. 'The average scientist that I encounter expresses bitterness about (a) low pay, (b) not getting enough credit or references to his or her work, (c) not knowing where the next job is coming from, (d) not having enough money or job security to get married and/or have children,' writes Greenspun. 'Pursuing science as a career seems so irrational that one wonders why any young American would do it.'"
Think. Which job position will get outsourced more likely? Engineering or managing? Before you answer, consider: Managers make that decision.
Do I need to write anything more?
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
The reward of solving a problem through hard work and proper application of knowledge is the feeling at the end. That is why young American's still choose to do it. There are a number of hurdles to get addicted to that feeling, not the least of which is that I can probably make more money doing something else.
That is my main reason for sticking to Engineering.
Sales guys, stock brokers, marketing people... Those positions are not rewarding, and you have to leave your soul at the door. Science, Engineering, Construction, Mechanics are the jobs for me. Always will be. I couldn't live with myself knowing that my livelyhood came on the back of others, earned by shiesting a percentage out of something I didn't build because I shuffled some paperwork and talked on the phone. Those people live empty soulless lives. They cheat on their partners. And they drive like assholes on the freeway.
As a relatively young MD/PhD student I've noticed that there are relatively few Americans in any of the PhD programs at my university. My perspective is from the biomedical sciences, but still. Most are Chinese or Indian students and most of the American students are already planning for industry, consulting, or some other non-research job. I would also add that e) stressing about writing grants every few years and progress reports for those grants every year - is a deterrent for continuing a career in science.
doesn't matter how mediocre they are, why get 1 mediocre scientist in America thats going to bitch and whine about pay, when you can get 5 mediocre scientist in India who will suck your ass for cheaper all together
"The average _____ that I encounter expresses bitterness about (a) low pay, (b) not getting enough credit or references to his or her work, (c) not knowing where the next job is coming from, (d) not having enough money or job security to get married and/or have children"
Same could be said substituting "teacher", or many others.
Basically, honest labor is so passe. Why would anyone choose to do it when you can make so much more money through corruption and fraud, and theft? It's so much easier and more rewarding!
The simple answer for a lot of people is that their families tell them they should pursue a "higher career" - anything requiring multiple degrees and loaded with professional prestige. In North America, this particular idea is reinforced by High Schools which tout "University level" streams vs. "Applied level" streams, where you are either destined to become a well-educated individual with a prestigious career, or you are going to be a laborer barely living paycheck to paycheck because you didn't study enough calculus.
So long as the notion that prestige is more important than what you are passionate about, this problem will exist.
While there are plenty of stupid people out there, not everyone is. The smartest are moving away from these careers in droves because of these outsourcing issues. The final result of outsourcing in the messed-up corporate mind is that *everyone* will become a manager and that's the only job that holds any worth and it is the only job worth doing. It's also the only job, therefore, that deserves a living wage. If we stubbornly follow this as a country then we're is MASSIVE trouble.
Solution: destroy "financial services" industry. At this point it serves no purpose whatsoever, just sucks resources. Trade and investment can be handled without giant middlemen running their scams.
Contrary to the popular belief, there indeed is no God.
Tell us, Mr.President, why did you major in law instead of engineering?
Now you tell me!
I got my bachelor's in physics in 2010. I've been doing IT work to fill the gaps until I go to graduate school. Fortunately, I got into the schools that I was looking for (any Slashdotters in Switzerland that want to get a beer sometime in the next few years? I'll be in Bern.), so I'm a bit excited. Moving from the US to Switzerland will be a refreshing change, and will allow my wife and I to fulfill our our love of travel (in our copious free time, naturally).
I suspect that science in Europe will be about as bitter as science in the US, but it'll be a different kind of bitter!
And these days, that Chinese or Indian scientists will probably be of higher calibre than the American.
You obviously don't work in the sciences.
If Slashdot were chemistry it would look like this:Cadaverine
or just that we have too many mediocre science grads
If that were the problem, you would expect the mediocre ones to be the ones leaving science due to not being able to get jobs, but that's not the case. If you look at the science people working in finance, they're mostly Ivy League. They aren't leaving science because they can't find jobs in science. They're leaving because they can have a much better life doing something else. Society benefits greatly from scientific discoveries, often for many decades after the scientists making the discoveries are dead, but society values scientists very little. Scientists that are flexible enough to do something else eventually figure this out and leave science.
Those Chinese or Indian scientists are likely to have been educated over here.
I work as a research associate at a name brand school. I've seen this article cited a few times, usually by discouraged graduate students.
For me, I guess it all comes down to what you want out of life. Greenspun's argument basically comes down to the fact that science/tech is at risk of being outsourced, and people should instead be real-estate agents, doctors, and lawyers. Well, news flash, lawyers are being replaced with software, many doctors want a career switch, and real-estate agents, well, I'm not even going to go there. I just find it too insulting to compare somebody who's chosen to advance humanity's exploration of the world we live in with somebody who wants to make a quick buck by match-making sellers and buyers. Hell, if anything, the last decade should have taught us that the internet is rapidly doing away with middlemen. Go ask your local bookstore/pawnshop/consumer electronics store how business has been recently.
Most people find it easier to follow in the footsteps of others (teachers at school, professional parents, etc) rather than ask the hard questions: "What am I good at?" "Will somebody pay me to do it?" "Can I be the best at what I do?"
Work is work, and nobody said work is entirely fun. If you have a job you truly enjoy every minute of every day, congratulations. Most people go their whole life without finding it. But, there is a big difference between a job with some enjoyable aspects and rewards vs. a job you truly despise.
The solution to a problem of this sort is historically obvious: unionize. There have been attempts in the past, but money and self-interest neatly rendered it pathetic. If scientists could ever manage to organize, (they love meetings, why can't that ability be leveraged in a more profitable fashion?), particularly if they could emulated some of the far superior efforts made by the engineers, then you'd see dramatic change. Of course, the prospects are not good, and someone will point out that globalization will kill any such effort, but the tools (internet) are now available...
In 1970, engineering and law paid about the same. The IEEE tracks this. Dentistry paid better. Real estate sales paid worse, on a par with auto sales.
What happened? Something few want to admit. Major parts of science are mined out. The return on investment from pure research has dropped since the 1970s. There was a long period when a small team might produce something like the tungsten-filament light bulb or the transistor. Now, it takes an army of researchers to get a minor improvement. That's why the big corporate research labs went into decline in the 1980s and are now mostly gone. Notice that high-energy physics hasn't produced much in the way of products in half a century. (Low-energy physics has produced substantial results, though.) Semiconductors have made huge progress, but huge resources were required to accomplish that. A modern wafer fab costs billions. The payoff for cleverness has declined, and salaries have declined accordingly.
(Biology is still making real progress, and has plenty of work ahead. Outside bio, though, things are slow.)
Life as a scientist is great for the small number of scientists who find stable positions directing research efforts. You have respect, independence, room for a large amount of creative thinking, and a comfortable enough salary. The problem is that it is a long road that ends in a crap shoot to get one of these positions. Too many people find themselves at age 32 having completed two post-docs in a field that cooled off while they were in 10 years of training and now they have to change fields to get a permanent position.
NO!
If they will do it for a quarter the pay, but live in a cheap to live area in a completely foreign land, then it has nothing to do with pricing out of teh market, but rather a lack of PROTECTIVE TARRIFFS.
The issue is that our current policy enforces corporate capitalization and does not protect human resource.
STEM is worth the bother, but we need to reinforce it by protecting it --- you tax US businesses on their imported labor. And if they don't like it, they can move to india.. Then we can tax their products instead. THIS IS NOW UNEQUAL NATIONS STAY BALANCED.
I was hoping to see some intelligent discussion of the pros/cons of choosing careers in science, but of course this is Slashdot, and all career discussions must degenerate into bashing mangers, finance, and boo-hooing the dangers of outsourcing. So let me inject some positive and rational comments into this mess.
The financial industry is full of climbers, and it sucks to work with those people. Smart people get jammed into confining roles with no ability to solve problems or exercise creativity. I know some really smart people who have left finance to return to academia, leaving behind $500K+ salaries. Almost everyone I know who works in finance/accounting hates their job or boss.
There are plenty of jobs outside of management that pay livable wages. Live within your means, and find a spouse who makes a decent living too. Americans are so damn greedy they don't understand that driving an economy car and living in a normal house doesn't mean that you are poor.
Finally, outsourcing. HAHAHAHAHA. Having seen it in action, I think it's hilarious that people feel threatened by it. Sorry folks, American and European universities still churn out the best qualified engineers in the world. The people willing to work for $5 /hr aren't nearly as competent, and you have the global economy to thank for that. Would someone please offer some evidence of a outsourcing success story?
My friends who work in science (PhD candidates, receiving full-tuition and stipends) get drunk on Tuesday nights. They travel to conferences in San Francisco and Prague. They set their own hours and work on stuff that means the world to them. There is some guidance in their research but they call the shots and decide what to research. That is pretty damn cool. One of my friends has parents who are professors and they sure do alright.
If you want to work in science, or engineering, don't listen to the Slashdot haters. There is plenty of opportunity left in this world, just work hard and get your stuff done; you can make a living doing something that you enjoy.
I would gladly do the job of the CEO of Goldman Sachs for one hundredth of his (8-figure) pay.
But it doesn't work that way, does it? The ruling class doesn't have to worry about losing their own "jobs", simply because they're the ones calling the shots. Capitalism for the poor, socialism for the rich; that's what we have in this country.
Yes, clearly it's all our fault that a Chinese or Indian salary won't even pay the rent here. Do you seriously believe that in America, a worker gets to set the price of all the things he needs to live?
The tiny portion of Americans who control the country have made their choice. The rest of us get to suffer the consequences.
Just like factory and repetitious office work, sci/tech is yet another casualty of globalization. The laws of math and physics are the same in Timbuktu, yet the wages are roughly 1/4 of what they are in the USA. Obviously this makes USA sci/tech workers too expensive from an economic perspective.
Instead, STEM students are flocking to fields where security issues override labor costs, such as finance and defense. It's often too risky to offshore finance and defense because it's harder to control such information in the third world where the incentives to cheat are higher to an individual and the local legal system is generally beyond the reach of a US organization.
Brains are becoming a cheap global commodity, but security is not.
Table-ized A.I.
I'm always amazed how every profession thinks they have it the worst. The grass is always greener on the other side. If you look at Department of Labor statistics, science and engineering is a _comparatively_ good place to be. The problem is people want the economy to reward their intelligence and overall contributions to society. That's not how it works. It works on supply and demand. There's always going to be a huge demand for people that can sell things. Does that mean you should be in sales? If you do you're not really that into science to begin with.
Most "meaningful" jobs won't pay you tons and tons of money. Maybe that's because you're getting satisfaction out of your job unlike a corporate lawyer who looks over SEC reports for 12 hours a day. I imagine this is built into the wages. As others have said, do what you enjoy.
We're not lacking science-trained professionals nor academics. And the problem isn't that the science-trained are going into other fields. The problem is that politicians are trying to re-purpose education to be a means of fixing the economy... which it's not.
Students and education are not factory systems into which you can blindly invest capital with a rational expectation of getting more money out the other end. It may happen, but it's not of a very high nor reliable return. And if it doesn't turn out to be particularly profitable (additional investment into STEM), will all that invested support be taken away?
STEM investment is not a silver bullet to economic woes. There is no silver bullet. STEM investment is the result of the following logic: "Something must be done. This is something. It must be done."
Over-investment in STEM comes at the cost of the humanities, arts, and physical education all of which are necessary for a healthy society. Get your heads out of your collective asses and listen to actual educators. Fund each portion of academia as necessary to prepare students for a wide variety of career and life choices. Variety and preparation, not homogeneity and mandates, will advance our civilization.
"It was a game, a very interesting game one could play. Whenever one solved of the little problems, one could write a paper about it. It was very easy in those days for any second-rate physicist to do first-rate work. There has not been such a glorious time since. It is very difficult now for a first-rate physicist to do second-rate work." -- P.A.M Dirac, DIRECTIONS IN PHYSICS, 1978, P. 7
Students and education are not factory systems into which you can blindly invest capital with a rational expectation of getting more money out the other end. It may happen, but it's not of a very high nor reliable return.
You need to look into the federally guaranteed student loan system. You can't discharge those loans in bankruptcy, and if by some miracle you lose anyway, the govt will make you whole. Also the rates the students pay are pretty high, at least compared to something like T-bills.
Yes the students lives are ruined as they're turned into debt serfs, but the destruction of the middle class has always been the purpose of govt, right?
Ever wonder why an education bubble is brewing? Why tuition goes up 15% per year, every year, for decades?
"Science flies us to the moon. Religion flies us into buildings." - Victor Stenger
I finished optimistically in my Masters in physics in 2005. I was going to take a few months off before starting my PhD to look for jobs and accept one because I was undecided about doing a PhD. I discovered that no employer was really looking for a physics education and I returned to the PhD program bitter. Being a graduate student eventually ends and ultimately, that education needs to be translated into sustainable work. Otherwise, it's just lost income opportunities by consuming time to get an education. Being able to start a family matters and being able to settle down and buy a house matters. And the people saying that science education is so valuable and so important to do aren't making those sacrifices themselves. They're the ones with their own house and vehicle and starting their family life. I ended up retraining as an accountant but I then realized I was incredibly bored after six months, so I took computer science instead and I discovered I liked it a lot more. And the material is interesting to read even outside of class. And I get job interviews too. I still think it's a challenging market as a programmer in Saskatchewan, but there's still more demand for it than in physics or engineering. Other friends who stuck it out for the PhD are now discovering that things are going awry for them. They can't find jobs and they don't have the income they thought they would. There was an article http://harvardmagazine.com/2009/11/professionalization-in-academy basically explaining that jobs that are safe are jobs that can't be shipped over the wire. The trades and the health sector seem to fit that category. There just isn't a demand for science and I cringed when I heard that the Liberals have education tax credit plans for university students. it just seems to be flooding the market with more university majors without employer demand for the degree.
"You A students, you'll be back soon teaching here with me.
You B students, you'll actually go on to be real engineers.
You C students, you'll go into management and tell the A and B students what to do."
The larger issue, that all of these comments circle around to me, is the continued decay of trust. I don't trust management. They don't trust me. What a surprise that at some point, I'd decide "if you can't beat them, might as well become one of them and get paid like one."
One man's pink plane is another man's blue plane.
doesn't matter how mediocre they are, why get 1 mediocre scientist in America thats going to bitch and whine about pay, when you can get 5 mediocre scientist in India who will suck your ass for cheaper all together
And these days, that Chinese or Indian scientists will probably be of higher calibre than the American. There are still some excellent American STEM grads, but on average, their quality has been on the decline for at least a few decades.
Guess what, America? If someone else is willing to do your job for a quarter of what you are, well, they are going to get the job and you aren't going to. That's what you get for pricing yourselves out of the market. There's nothing wrong with that - it's simple economics. Either you compete with the world's best, or you suffer the loss of those industries and all that they bring to your economy.
America has made it's choice: STEM is not worth the bother. That's a valid choice to make. Over the next decades you will get to experience the consequences of your choice.
Spoken like people who don't know what their talking about. I've got a Chinese post-doc working for me right now who I'm training to take over my position after I retire. The kid is really smart, and given a couple of years will probably work out. However, right now he doesn't know how to use a screwdriver. He wants his own private parking space. He thinks the lunch hours should be standardized - he hates how I may eat at 11:00 one day and 3:00 the next. He doesn't think he gets paid enough. He doesn't know the difference between AC and DC current, a big thing in my field to not know. Finally, he wants his own office since I have my own office, which is nothing more than a communal library but I digress.
Now, he can do math like nobody's business. Nobody at my place of work, or in the department at the university we use, can do math like he can. So there's that. But he's education is just as lacking as anyone else. You do not get that PhD with a slap on the fanny and told "Congratulations, now you know everything and have nothing else to learn."
I would kill for an American post doc, however what American post doc would work for me when she can work for wall street earning 4x as much and have a lot more fun. If she still wants to do science, she can afford to do it on her own time in her own way, which is basically the science dream. If she decides she would like to become an experimentalist later on, she can return to the field without worrying about money nearly as much as my Chinese post-doc who went straight from University in China to a laboratory in America.
American CEOs haven't made that little in decades, the average is 400 to 1 now. For all enterprises, not just Fortune 500 companies, where the inequality is even greater. And Fortune 500 CEOs make that income whether they perform or not. They make money when the company is losing money. This is not about retaining the best talent in order to increase profits for the shareholders. Shareholders are patsies, especially the little shareholders who likely are only in the stock market at all because of their 401k plans. That is to say, to Fortune 500 CEOs, most of us are patsies. They won't let you into their little oligarchs club for defending them in public, you know.
- None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
That was certainly the experience I witnessed in both undergraduate and graduate school.
Again I'm calling BS on this, at least in science. Where I work, almost the entire graduate department seems to be Chinese. But these are smart guys, and gals. They have a lot to learn, but they earned their way here.
But the real truth for the lack of 'white' in most science departments nowadays is this; foreigners are paying full tuition. Simple stupid.
This isn't the first time an American politician has encouraged students to pursue science careers, even though it takes a vow of poverty to stay in that game and the most likely outcome is being unemployable in their chosen field. American politicians also encourage people to enlist in the military and die in Afghanistan. It's equally self-serving in both cases, and when things go wrong, who suffers? Not the politicians.
Politicians keep the cost of scientific labor low with their speeches and their generous visa allotments. That's what they really want, not what's best for Americans as individuals.
All the stock brokers are now being pulled from MIT & co.'s STEM programs. Aren't you glad knowing the guys making all that money loved science & designing things in High School?
Google & others are making significant progress towards populating marketing with the same crowd too. There is also a lively field of academic business research desperately trying to ensure that STEM majors are more qualified than undergrad business majors.
Sales may take slightly longer though. Sorry, people still love a good bullshit artist.
The Christian religion has been and still is the principal enemy of moral progress in the world. -- Bertrand Russell
Middle class is about being in the middle of needing to work for your money and having your money work for you.
Most of the usual definitions of middle class that exist in cultural mythology are all about distracting various grades of the working class.
Usually a bigger house and a fancier car and a larger salary and a higher tax bracket just means you've got a bigger debt to work off.
A Pirate and a Puritan look the same on a balance sheet.
It doesn't work that way because you are completely and totally unqualified to be CEO of Goldman Sachs. That, not your ruling class diatribe, is why you will not ever be considered for that 8 figure salary, despite your willingness to take a lower salary. It has nothing to do with the ruling class or workers of the world unit or any other such nonsense you espouse.
Believe it or not Slashdot, the guys at the top are usually there for very good reasons. They are not stupid, they are not idiots, and most of them are pretty damn good at what they do.
Now please return to your normally schedule mental masturbation about greedy fat cat overlord managers and their ilk.
However, if I was finishing high school and going to University for the first time now I would be doing medicine not physics. There are more jobs with more security, it's better paid with better working conditions and higher socio-economic status, and just as interesting.
I'm a male who was in more-or-less your position fifteen years ago. I was a post-doc at a top-tier school in Canada and had done time at top-tier schools in the US. There were expected to be one or maybe two tenure-track positions opening up in my field over the next few years, and half of my closest friends were better qualified for them than I was. I was good, but not the best, and with so few jobs schools could afford to select the best. I had two small kids and was struggling financially.
The dot-com boom meant that anyone with a little C++ experience could get a job, and while I was primarily an experimentalist I had done enough computing to qualify. It was an enormously difficult transition, but retrospectively one of the best things I've ever done.
The advantages of a PhD in physics are many. I have run my own business doing scientific and software consulting. I have worked on a variety of intellectually challenging projects while an employee of various companies, both contract and full-time. Because my graduate school and post-doctoral experience included a lot of electronics and low-level programming, I find myself well-positioned to ride the current wave in embedded systems development. Along the way I've found opportunities to be involved in genetics research due to my experience in pattern recognition algorithms from data analysis in particle physics... and so on.
The thing I recommend to people who are thinking of doing PhDs in physics is to learn as much about business as you can. The odds are probably better that you will wind up running your own business than working as a tenured professor at a first-rank school. You have to learn to think like a businessperson (a consultant friend commented recently, "When someone asks me if something is possible, I don't say yes or no, I ask how much money is available to do it.")
There are enormous rewards to managing your own career, but like anything else you need to take a few years to learn the ropes. I worked for other people for four years before striking out on my own (during the tail end of the dot-com melt-down, as it happened... my last two employment positions were terminated by the failure of the company.)
Sit down and ask yourself what skills you have, and what further skills you need to maximize the economic value of those skills. Make yourself a plan for gaining those extra skills, which might be everything from accounting to selling. Look for volunteer opportunities that will let you practice those skills with a low cost of failure. Plan for the long haul. Remember that no one is ever going to look out for you as carefully as you look out for yourself.
You're at the start of the road now, and there are plenty of forks yet to take, if you choose. There are lots of opportunities for physicists in medicine, for example. With a PhD in physics you can, with time and effort, go to some remarkable places, and make a good living along the way, and even have a lot of time for your kids (I did, running my consulting company as a "lifestyle" business that let me have the time with them when they were in their tweens and teens.)
Blasphemy is a human right. Blasphemophobia kills.
Ars Technica has a highly-related article
"Love heals scars love left." -- Henry Rollins
This post is not a flamebait but the truth. Not only in America but also in most of Europe you have to be crazy to become a scientist. I know 'cause I am one. The changes of making a career beyond the job of Post-Doc are tiny, which means getting a fixed position at a university is out of the question. Our government wants the Netherlands to be in the top five of the best research conducted in the world, and in order to reach that goal has thought it wise to has rip at least 300 M€ from the science budget. All universities now have to lose personnel. This means not only do you never know where your next job comes from, but there is also a small chance that you get fired during a research project. If I were a student now I would really think twice before starting a scientific career.
-- Cheers!
Believe it or not Slashdot, the guys at the top are usually there for very good reasons. They are not stupid, they are not idiots, and most of them are pretty damn good at what they do.
I'm one of those privileged cunts people whine about. I went to a nice private school and am quite familiar with the old boys'/girls' network.
I can assure you that while most aren't stupid, and some of them are even quite good at what they do, what they are not is uniquely able or qualified. The fact that they're in the position rather than any number of other people of equal or greater competence is that they know the right people and play the right tune (which is often very different from the tune the company claims to play).
In other words, a meritocratic market would certainly cause upper management pay to drop to one tenth of its current silliness. But why would you threaten your own security by actually practicing the competitive capitalism that you preach? No, you're far more secure and productive if you cooperate while preaching to everyone below you to turn against each other in ruthless competition.
The Real Science Gap basically makes the same point - the jobs are horrible for scientists, so lots of smart people avoid the field.
- David A. Wheeler (see my Secure Programming HOWTO)
That's what you get for pricing yourselves out of the market.
Actually that is quite right. Companies moves their production where it is the cheaper and sell where it makes them the most profit. You are free to do the same. Well, except that you cannot buy wherever you want - sorry. But that's ok you can still get a master in another field, learn a foreign culture and move over there ? A company can do that in 3 month, surely a single individual would not take that long. /sarcasm
Gee I became a professor and I maxed out at 42K for 100 hr plus weeks. Clearly, I was in the wrong field.
This is the most insightful comment I've read on the Internet in calendar year 2011.
Well done.
You are welcome on my lawn.
http://disciplinedminds.tripod.com/ ...
"Upon publication of Disciplined Minds, the American Institute of Physics fired author Jeff Schmidt. He had been on the editorial staff of Physics Today magazine for 19 years.
Who are you going to be? That is the question.
In this riveting book about the world of professional work, Jeff Schmidt demonstrates that the workplace is a battleground for the very identity of the individual, as is graduate school, where professionals are trained. He shows that professional work is inherently political, and that professionals are hired to subordinate their own vision and maintain strict âoeideological discipline.â
The hidden root of much career dissatisfaction, argues Schmidt, is the professionalâ(TM)s lack of control over the political component of his or her creative work. Many professionals set out to make a contribution to society and add meaning to their lives. Yet our system of professional education and employment abusively inculcates an acceptance of politically subordinate roles in which professionals typically do not make a significant difference, undermining the creative potential of individuals, organizations and even democracy.
Schmidt details the battle one must fight to be an independent thinker and to pursue oneâ(TM)s own social vision in todayâ(TM)s corporate society. He shows how an honest reassessment of what it really means to be a professional employee can be remarkably liberating. After reading this brutally frank book, no one who works for a living will ever think the same way about his or her job."
Also by a physicist:
http://www.its.caltech.edu/~dg/crunch_art.html
More links collected by me:
http://www.pdfernhout.net/to-james-randi-on-skepticism-about-mainstream-science.html#Some_quotes_on_social_problems_in_science
http://listcultures.org/pipermail/p2presearch_listcultures.org/2009-October/005379.html
http://listcultures.org/pipermail/p2presearch_listcultures.org/2009-November/005584.html
http://listcultures.org/pipermail/p2presearch_listcultures.org/2009-November/006005.html
A 21st century issue: the irony of technologies of abundance in the hands of those still thinking in terms of scarcity.
http://www.marketwatch.com/story/imf-bombshell-age-of-america-about-to-end-2011-04-25?pagenumber=2 ... ..."
"Commentary: China's economy will surpass the U.S. in 2016 [based on PPP]
This is the result of decades during which China has successfully pursued economic policies aimed at national expansion and power, while the U.S. has embraced either free trade or, for want of a better term, economic appeasement.
"There are two systems in collision," said Ralph Gomory, research professor at NYU's Stern business school. "They have a state-guided form of capitalism, and we have a much freer former of capitalism." What we have seen, he said, is "a massive shift in capability from the U.S. to China. What we have done is traded jobs for profit. The jobs have moved to China. The capability erodes in the U.S. and grows in China. That's very destructive. That is a big reason why the U.S. is becoming more and more polarized between a small, very rich class and an eroding middle class. The people who get the profits are very different from the people who lost the wages."
The next chapter of the story is just beginning.
See also:
http://www.its.caltech.edu/~dg/crunch_art.html
http://www.johntaylorgatto.com/chapters/16a.htm
http://www.historyisaweapon.com/defcon1/zinncomrev24.html
http://peswiki.com/index.php/OS:Economic_Transformation
What tinkerers related to science and technology can do though?
http://www.treehugger.com/files/2009/09/surface-area-required-to-power-the-whole-world-with-solar-power-wind.php
http://pesn.com/2011/01/17/9501746_Focardi-Rossi_10_kW_cold_fusion_prepping_for_market/
A 21st century issue: the irony of technologies of abundance in the hands of those still thinking in terms of scarcity.
And these days, that Chinese or Indian scientists will probably be of higher calibre than the American.
You obviously don't work in the sciences.
While not quite the same, it's fun to read discussion boards for various open-source technologies. You'll see tons of people with -looking names posting questions that reveal they know absolutely nothing about software development. They have a passing familiarity with .NET, and that's it.
I've also worked with companies who have out sourced their software development and it's downright hilarious the problems they encounter because they are trying to save money. They pay someone for a week to do what any half-competent programmer I know would do in 1/2 a day. That's if they actually do the work actually desired, which is even often not the case.
Managers think they are saving money, because they think all developers and scientists are the same. But, that type of cost can't really be factored into their spreadsheet, so they still think they are better off. What's really going to happen is these overseas outsourcing companies will improve their technical skills and then realize, "hey, we don't need clueless overseas management. We can do the entire thing ourselves." And so those domestic service-oriented companies shrink and the foreign service-oriented companies set up shop in the US. Just like making cars.
Cloud-based systems, in particular, like CRM, lead-management, accounting, and likely office software, will be produced overseas and sold here by a company with a small office wherever the taxes are cheapest.
I don't know, but it works for me.
What with the falling in acid, putting up the blue portal again when I meant to shoot the orange one, the robot that is trying to kill me...it just gets old. Science is bad for my health. I don't even _like_ cake.
> you get to create money out of thin air and lend it out with interest. That is where the real bucks are.
Now I declared my new major - The Tapestry of Magic!
"Don't let fools fool you. They are the clever ones."
Believe it or not Slashdot, the guys at the top are usually there for very good reasons. They are not stupid, they are not idiots, and most of them are pretty damn good at what they do.
I've worked directly with a lot of CEOs and other senior leaders at companies. My observation is that there is always a baseline of high personal drive and ambition, and usually a good amount of charisma and intelligence as well. The people who get to the top get there for a reason, and it isn't usually prep school or family connections. Many CEOs come from typical middle-class backgrounds.
That said, at the senior-most level it's hard in practice to determine just who is "pretty damn good at what they do". At a large company it can take five or more years to figure out whether a given strategy was brilliant or misguided. Contrast that with a line factory worker, whose contribution is easy to measure. Because it's so hard to measure the performance of a C-level leader, there gets to be this self-perpetuating aspect to the people in those roles: Once you attain that role (somehow), then wherever you go in the future will also be a C-level role. And if you're a corporate board looking to hire at that level, you go with someone that has prior experience because you don't really know how to measure them anyway, and you're pretty risk averse. In effect the pool of candidates is artificially restricted because of a lack of good information. Ironically C-level people end up making more money precisely because it is so difficult to measure how well they perform.
In net, I'd guess at least one person out of 100,000 has what takes to be a credible CEO of Goldman Sachs, if they were given the chance. Of course we'll never know.