Why researchers in physics don't earn that much money as compared to computer scientist ?
Answers
Answer:
Step-by-step explanation:
Another reason is that there are more PhDs in most fields than there are positions open for PhDs. This will drive their salary down as demand < supply. What you are paid also depends on your field. If you get a PhD in Computer Science, you will probably make better money than a PhD in Biology
Answer:
There is an oversupply of artificially cheap graduate student and post-doc labor, relative to demand (deriving from federal grant funding + industry job vacancies).
By increasing federal grant funding for science, there would be more room for scientific wages to increase. Also, by saving money spent on overpriced reagents and instruments, more could go to wages.
Furthermore, academic scientists often work on abstract, fundamental, and extremely important matters. These don’t necessarily qualify one to work in industry, so many scientists are stuck working on their hyperspecialized niche until they die — only for some future applied scientist to profit from their foundational work.
The US government spends $600B per year on the Pentagon’s imperial quest, and $32B on biomedical research via the NIH. These priorities are insanely flawed. Reverse this spending pattern and watch how quickly society will ascend into a technocratic utopia