Top 5 High-Paying Future Jobs: Biotech & Beyond

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Discussion Overview

The discussion revolves around predictions for the top five high-paying jobs in the next 5 to 10 years, with a focus on fields such as biotechnology, finance, engineering, marketing, and emerging technologies. Participants explore various sectors and their potential for financial success, considering factors like market saturation and job availability.

Discussion Character

  • Debate/contested
  • Exploratory
  • Technical explanation

Main Points Raised

  • Some participants suggest that biotechnology will be among the top three high-paying jobs, alongside computer-related positions.
  • Others argue that finance will remain a critical field due to the retirement of baby boomers and the ongoing need for financial services.
  • There is a viewpoint that engineering roles related to alternative fuel sources could lead to significant financial security, especially for those involved in innovative projects.
  • Some participants express skepticism about the long-term viability of marketing jobs, citing high competition and low starting salaries.
  • A contrasting opinion highlights the importance of marketing, suggesting that companies with strong marketing can outperform those with superior products but weaker marketing strategies.
  • One participant mentions that while marketing roles can be lucrative, entry-level positions often pay poorly and advancement can be challenging due to the saturation of the field.
  • Another participant references predictions from Ray Kurzweil, listing biotechnology, nanotechnology, robotics, and emerging web technologies as promising fields.
  • Some participants emphasize the growing demand for international business roles and the value of learning foreign languages, particularly Asian languages, for future engineers.

Areas of Agreement / Disagreement

Participants express a mix of agreement and disagreement regarding which fields will be most lucrative in the future. There are competing views on the viability of marketing as a career path, as well as differing opinions on the impact of emerging technologies and the importance of finance.

Contextual Notes

Some claims about job prospects are based on personal experiences and anecdotal evidence, which may not reflect broader trends. The discussion includes assumptions about market saturation and the evolving nature of job roles in various sectors.

stoorssarg
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What top 5 future jobs do you think are going to rack in the money in the next 5 to 10 years? I'm guessing Biotechnology at top 3, and some type of computer job for the next 2.
 
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I'd always have finance up there. The baby boomers are retiring and you always need finance to do any large useful practical activity these days.
 
I would guess that any type of engineering that is involved in the production or design of alternative fuel sources will be getting big. If you were the engineer that, or perhaps just worked for the company on the project that invents the next big fuel source, I think you'd be financially secure
 
mgiddy911 said:
If you were the engineer that, ... invents the next big fuel source, I think you'd be financially secure
If you are the manager, patent agent, lawyer or marketing dept for the company you would be OK - if you were the engineer you would probably be let-go when the invention moved from R+D to production.
 
mgb_phys said:
If you are the manager, patent agent, lawyer or marketing dept for the company you would be OK - if you were the engineer you would probably be let-go when the invention moved from R+D to production.

Marketing?

I hope you're joking.
 
JasonRox said:
Marketing?

I hope you're joking.

Given a choice between a company with a great product and so-so marketing and a company with a so-so product but great marketing, the company with great marketing will win every single time.

This depresses my engineer's heart no end, but... that's reality.

There is a lot of $$$ in marketing too.
 
TMFKAN64 said:
Given a choice between a company with a great product and so-so marketing and a company with a so-so product but great marketing, the company with great marketing will win every single time.

This depresses my engineer's heart no end, but... that's reality.

There is a lot of $$$ in marketing too.

We all know the above.

The reality sinks in when you actually TRY and get a marketing job. Marketing jobs pay dick squat when you start, and it's very difficult to move up. Why? There are thousands among thousands of people with marketing degrees and diplomas. Why? Just like the fashion and media industry, people love marketing because they want to make commercials and etc., so they get a marketing major with a dream. I had 3 friends that went into marketing. How many got a marketing job? Only one, the one with a degree in biochemistry! How much does it pay right now? Not much.

When someone says hot job, I assume available and a well paid entry salary. Marketing does not offer that.

Actually I have a fourth in marketing, but he went to university to now get a business degree on top of his marketing diploma. He has a job, but it pays minimum wage. He's suppose to get paid more, but they didn't get the "big" account. Hence, your pay varies a lot!
 
If you want to know why people go into marketing - go to a trade show / conference with marketing people and look at their expenses claims!
 
stoorssarg said:
I'm guessing Biotechnology at top 3, and some type of computer job for the next 2.

Maybe in 1995. . .

Beware fields that have been around long enough to be highly saturated, yet still have enough hype to keep the graduates coming.
 
  • #11
1) Biotechnology for designer gentic drugs
2) Nanotechnology for materials - energy
3) Robotics

Those are from Ray Kurzweil.

I say in addition

4) Web 3.0 and 4.0 technologies
5) Private Space Industry

Note, even Bill Gates agrees with Robotics.
 
  • #12
I'd say Finance is up there.

I'm going into Finance and Accounting as a career and 3 we're in the top 20.

I think the future will see a bigger demand for International Business positions. Good thing I started learning Cantonese. :smile:
 
  • #13
I agree with Jason on that too. I read last year via a IEEE notice I received (I think it was a notice) that learning a foreign language was the number 1 extra sought after thing for future engineers.

To that end, the Asian languages are sought after big time. Any dialect of Chinese is great. Japanese is also another powerful language. They're also very difficult to learn. I know, I've been studying 日本語 for a long time and I would say I still can't "speak it".
 

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