Good. Academia is done growing. We're in a steady state, which means if you're in grad school, look at your advisor. Look at the other grad students who have him. Look at the work of the grad students who came before you, with this advisor. Think about the ones that will come after.
Only ONE of you will take your advisor's place, statistically speaking.
If you an afford to pursue a PHD for the sake of doing the work and getting the education, go for it. If you have to make the PhD pencil out financially, think long and hard before enrolling. And if your ambition is to be a full professor, reread the first paragraph.
Only ONE of you will take your advisor's place, statistically speaking.
If you an afford to pursue a PHD for the sake of doing the work and getting the education, go for it. If you have to make the PhD pencil out financially, think long and hard before enrolling. And if your ambition is to be a full professor, reread the first paragraph.