Posted 1/24/2024, 3:01:51 PM
AI Brain Drain: Nearly Half of PhD Grads Shun Academia for Lucrative Industry Jobs
- Nearly half of new North American AI PhD graduates are going into industry rather than academia
- The share entering academia dropped from 42% in 2010 to 24% in 2019
- Private companies offer very high salaries - up to $900k - to attract top AI talent
- There's been an "alarming" brain drain of nearly 100 AI faculty leaving North American universities for industry from 2018-2019
- High-profile universities like Carnegie Mellon, Georgia Tech, and Washington have each lost around a dozen AI faculty between 2004-2019