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Beth Jensen's avatar

Thank you for this Liz ❤️

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Oldbiddy's avatar

NSF support has meant a lot to me, starting with funding my grad PI, then in the form of a postdoctoral fellowship that gave me an opportunity that I would not have otherwise had. 20 years later, as a staff scientist at a university (after 13 years in industry), I was a co-PI in one of the NSF centers for innovation. The relative flexibility in the NSF directives meant that I could do this without being a tenure-track faculty member.

I was considering becoming a program officer there for the last few years of my career, but obviously that is off the table now.

I once did the math and figured out that I had paid off all of my 'training' NSF support in the form of income taxes a few years after I started working in industry.

Although overhead costs are confusing, the fact remains that research is even more expensive in industry. Back when I was in industry our FTE rate was around $500k/year for a scientist, which was appx 5x the salary at the time. The company I worked at started out as a technology development company that partnered with big chemical companies. We developed the infrastructure and did the research. Over the years we also started selling the equipment and software, but around 2007-8 management started to pivot more towards software, since the cost to scale it were less. It's kind of reminiscent of what the DOGEbros are pushing now with AI. Eventually the company got rid of the research and equipment units and 'merged' the software unit with another company, in what was essentially just a big payout for investors and senior management.

After this experience, I was burnt out on Silicon Valley/tech culture and moved to a university in 2010. I am absolutely appalled at how much worse it has gotten since then.

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