twofish-quant said:
I think it's good for that.
That's why different people are suitable for different careers. Science is good for you because it's soothing you, for me it's bad because it drives me crazy. Gamedev is good for me but for you it may not. There are dozens of different people suitable for different stuff. That's how the world works.
twofish-quant said:
No there isn't, but as long as there is *something* out there that is not totally awful, things will work. Just from random chance, something out there will work.
Yes but finance is still bad choice for many theoretical physicsists (especially those "paper and pen" ones). For you getting PhD is part of your lifestyle and that's fine but you can't say "PhD in theo physics was great for me so it'll be great for you too" because it's not true.
I find economy very interesting subject but it doesn't change the fact that for many physicists it's boring. For them even being a number crunching code monkey can be boring and the only thing that keeps them doing it is the fun factor - "knowing sth more about particle physics" is a reward for them. Reward that can't be trade-off with money.
Physics PhD is not a reward for everyone too. I also know several physics PhDs and they would choose engineering degree over physics it they could choose again (many of them actually did it). If you completely destroy the only fun factor that motives you it can turns out that you enjoy designing a car or new material more than babysitting super computers.
twofish-quant said:
There is a trade-off between "money" and "enjoyment."
There is but it's not linear and totally different for every person. I don't want to be poor but with decent income I wouldn't trade fun factor for more decent income.
You also can't trade off 0 fun for insane amount of money (at least not in my case). If I could earn insane amount of money by your "pig farming" I would do this for 1-2 years so that I can save some money which could help me achive my goals. However I wouldn't like to do this until my retirement.
Well I know - at least in my country you can support your family with gamedev income (you are actually in top 10% of income) but you can't do this with physics. So I don't need to switch fields.
twofish-quant said:
If something was totally fun, you wouldn't have to pay people to do it.
Not true. You pay people to do sth because you can earn much more money with their skills. That's why Wall Street pays for your skills and academia not. In current world you can get rich with market modelling but the same model for supernova won't get you single $.
Part of the reason that you pay ppl for sth even if it's fun for them it to get the work done. You can do some great stuff without money but it's an exception not the rule. There are things that you won't achive with people working for free no matter how hard you try. More or less if you do sth just for fun you do whatever you want whenever you want. You can get indie game/amateur astronomy done like this but it just won't work for Diablo 3 or Cern.
So you need to pay people so that they won't work on a whim. Now you can say that it's less fun but I don't agree. Sometimes it is sometimes it's not.
twofish-quant said:
The reason that physics Ph.D.'s make more money doing finance than physics, is that physics Ph.D.'s don't want to do mathematical finance, so you have to pay them more.
The reason that physics Ph.D.'s make more money doing finance than physics, is that finance is a field which generates much more income than physics. You said before that PhD salary in finance is pretty standard. I think there are many people who see finance as their first choice and yet they earn much more than physicists. Finance isn't boring field. It's rich field so it can pay you more. If you work in applied branch of physics that generates money you don't earn peanuts too.
twofish-quant said:
Neil Armstrong spent three days on the moon after a decade in which hundreds of thousands of people put them there.
It's for the glory.
twofish-quant said:
By the "system".
twofish-quant said:
Something that is true for me is that you get more social respect for doing things different, than doing things the same way.
Social respect only among people similar to you. Other won't trust you much.
twofish-quant said:
Most people in China are poor. Most people in China don't want to stay poor, and if they can't get rich, then they'll have a revolution. Making a billion people rich involves a huge investment in science and technology.
True but US, China, Russia, India, Brazil can afford it and need to do that mostly because they are huuge countries with maaany people like you said. All those countries are or have potential to be quite independent super-powers.
In Europe situation is very different through. You have so many so different (culture, tradition etc.) countries packed on small area. No wonder it's so messed up. Our government doesn't invest in science and technology, problem is solved in different way. About 30%-40% of our nation works abroad. I am not sure if I'm correct but I guess it's all about politics. China is big and that alone allows it to say "ok so now I'm going to invest in technology and become new-superpower". Small countries that are in economical and political union with local super-powers (Germany, France) can't do sth like that because we were meant to be an agriculture country with cheap labour force that supports economy of local super-powers.
Super-powers wouldn't like another super-power next to them and they really need someone who will take care of their old people or gather stuff from their plantations. They even need medical doctors and engineers so we can't have great industry, research unis or pay a lot to our doctors. Now the scary part is that crisis didn't hit us hard. It didn't and yet we are poor and stagnant. The sign of being "developing country" is that you develop and if we aren't it can mean that we've reached our peak in this world. It's scary.
Now I think that maybe US is stagnant because you can't develop infinitely not because sth is blocking you. You say that US should invest more into science but from what I can see many US scientists aren't productive. Money won't solve the problem because there is not enough work to do. So it's great that another countries are developing because if US or Europe doesn't need well-educated people who want to do innovative stuff, there is a place we can all go to.