alt Hacker NewsHere most local STEM PhDs try to get into finance. This is largely due to lack of funding for science and poor opportunities for PhDs. Why be a poorly paid postdoc when Jane Street is offering a million USD signup bonus ?
PhDs from poorer overseas do try to get related jobs here, mainly to be able to get a permanent resident visa.
> Why be a poorly paid postdoc when Jane Street is offering a million USD signup bonus?
One reason is despising that line of work. Quant firms were pummeling my @prestigious.edu inbox throughout my PhD and I fucking hated those parasites. Well, jokes on me if AI shatters my current career.
Btw a former classmate Caroline Ellison who went to Jane Street eventually landed in prison, lol.