Why is it framed that there are too many PhDs, and not that there isn't enough funding for research, art, etc.?https://twitter.com/bopinion/status/1346104350993768448 …
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People don't get the extreme moral hazard of funding for PhDs from basically unaccountable sources captured by cartels of their own advisors. It's a self-perpetuating system of self-congratulatory production.
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You're completely failing to value the deep expertise that we get from people focusing on a particular area of study for decades.
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I'm in between: highly skeptical of academic institutions, but think there's likely something between there and fully amateurization. It's probably that there need to be way more / smaller funders who are accountable for results, or perhaps have finite/renewable charters.
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Also think we should start to recognize/endow alternative credentials. I can think of a bunch of history podcasters/YouTubers to whom I'd entrust my children's education than many Ph.D.s
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