I admit that my position is based largely on my own anecdotal observations: I saw a lot of people have a miserable experience in grad school. The relentless bottlenecking of the academic track (undergrad > grad > postdoc > faculty) seems to hurt a lot of people.
In my field of control theory conference papers are easy so committees/advisors demand journal papers which take 1.5-2 years to get out and capricious reviewers. Can delay graduation for years since committees at good schools won’t sign off until you have them accepted.
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Fields also vary by the luck factor. You may work for 1-2 years to run experiments which turn out to be inconclusive through no weakness in your work. But then committees or journals don’t accept non-results as publishable and again you’ve spent 2 years for nothing.
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I think your field of CS is outlier in STEM in a few ways: conference papers are accepted by committees which is a 3-4x speed up in iteration cycle (4-6 months instead of 1-3y), lower luck factor due to weaker experiment component, easier to do solo work. Net faster pipeline.
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