← Back to context

Comment by jacquesm

9 years ago

How is the money?

Significantly better than academia, of course. I get RSUs, annual bonus, etc. I actually got a fair amount of non-recurring money from patenting activity last year, as well.

I suspect I could make more money as a 'pure' software developer, but it would not be a factor of 2. And I'm doing what I love and largely choosing my own research direction. It needs to have an ultimate business application, but finding that alignment is not particularly difficult.

As with many scientists, having the resources I need to accomplish my research is often the stickier point. I have money for a few coops to do more speculative research, and annual equipment (I need clusters to do what I do). I don't have trouble getting funding for 2-3 conferences each year, which is all I need (more is a distraction, IMO). I'm hoping to start building out my group in a few years.

And I can do largely autonomous research work, very much like what I did as a researcher in academia. Arguably I am even more autonomous here, as I do not have a research adviser/boss.

  • I assume that having gone through academic hell, at least as a grad student so as to get your PhD, is basically a hard requirement to do the sort of thing you do now in industry, though?

    As a person without a PhD, my sense is that "research" as a field is Not For Me, even in industry, because the PhD is the critical factor that determines whether one is "researcher material".

    • Yes, the position I filled explicitly required a PhD. I would be skeptical it would be a good fit for the vast majority of people who do not have a doctorate.

      While I certainly would not call it academic hell, getting a PhD was very hard for me. However, while it was hard, I loved it. If you don't love it you probably[1] do not love research, and then you would absolutely hate the day to day.

      [1] Probably because many things can make life miserable. A bad adviser being #1. I was lucky to have an absolutely incredible adviser who really helped me through. Of course, the other challenge is the very poor salary. I had a wonderful support network and no college debt so I could survive, and even then it was hard.