Science and technology are no longer just for the fancy PhDs, it seems.
The latest trends suggest that even the most advanced of researchers are not prepared for the kind of work that comes with the job.
The world’s biggest technology companies are investing billions of dollars in artificial intelligence, machine learning and big data to create better, faster, more agile and more accurate systems.
Some are even taking a cue from the likes of IBM and Google to boost their workforces with more PhDs.
But the trend toward a more traditional PhD has led to a widening gap in knowledge, and not just for PhDs but for students.
It is a stark contrast with the days of an old-fashioned university.
The top 10% of PhDs in the US in the past three decades are now mostly in computer science, engineering, statistics, and medicine.
The new science and technology jobs are mostly for PhD graduates who are entering the workforce with less than a bachelor’s degree.
They have a smaller number of years to complete their degrees.
But with the rise of artificial intelligence and the growing demand for better, more accurate and less expensive systems, the PhD is in peril, according to experts.
A lot of the time, the only job that is open for PhD students is a research job, said Rakesh Bhushan, co-founder and president of Knowledge Works, a consultancy.
“There are no jobs out there for them,” he said.
The rise of the PhDAs the number of PhD graduates has increased, so too the number who get the jobs in this area have increased.
But it is a mismatch that has raised concerns.
“It’s the first time in history that more people than ever before are being trained in an academic discipline,” said Andrew Gebbia, professor of management at Stanford University.
“That’s not an accident.
We’re all learning more and more from computers, from sensors and robots and artificial intelligence,” he added.”
And as we learn about how to use those machines, it’s becoming clear that we need more PhD-level research, not just PhDs.”
According to a survey by the Association for Computing Machinery, only a quarter of the respondents who said they had an undergraduate degree or higher had a PhD. Of those, 35% said they didn’t have a PhD at all.
“The gap in the numbers is huge,” said Marko Stojic, an analyst at the consultancy Deloitte.
“We need to do better.”
The lack of PhD workIn the UK, the number with a PhD in the field of information technology grew from 12% of all PhDs awarded in 2010 to 33% in 2017, according the UK government.
That means that the number that has completed their degrees in information technology is growing, too.
In the US, the gap between those with a degree and those who have done research in the area is growing even more, with the gap widening from 12 percentage points in 2010, to 33 points now.
According to data from the US Bureau of Labor Statistics, about 10% to 15% of the people who are employed in information tech in the country do not have a Ph.
There are a number of reasons why this is happening, said Daniel Gelfand, associate professor of engineering at Carnegie Mellon University in Pittsburgh.
The first is that it is becoming increasingly difficult for people to find work in this field, he said, pointing to the hiring of graduates in fields like software development and business.
“I think it’s the way people are moving away from a bachelor degree,” he continued.
“They are starting to go to masters or doctoral.”
In fact, the proportion of PhD holders in software development has gone up since 2010, from 5% to 10% in the same time frame, according data from McKinsey.
The proportion of those in business has also increased, from 8% to 13%.
It is not just jobs that are being lost.
A number of research-related jobs are also being lost, Gelfis said.
The job of information systems engineer has gone from 8 to 11% in 2010.
And computer systems analyst has declined from 2% to 3% in recent years.
According a report by the National Bureau of Economic Research, the US is losing about $1.4 trillion a year in job creation in the areas of research and technology, manufacturing and business services, according with the US Department of Commerce.
The report estimates that in 2019, about 2.7 million jobs are projected to be created in the fields of computer science and information technology, which is more than in any other sector.
What is going on?
“It is a problem for the country and we need to be proactive in fixing it,” said David Binder, chief economist at the Centre for Global Development in New York.
“This is going to affect our ability to meet our aspirations as a global economy.”
The OECD says that in 2025, there will be 1.8 million more