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PhD candidates will have numerous advantages over other non-doctorate aspirants, in terms of knowledge and exposure; however, a PhD degree in the data science field will not guarantee results due to the ever-changing technology landscape.
Since a decade ago, data science jobs didn’t exist, and barely anyone pursued a PhD in data science.
Therefore there were only a handful of data scientists who used to have a doctorate in data science. Besides, until recently, most of the universities didn’t even offer data science courses, which, in turn, resulted in a shortage of skilled applicants for the jobs...
According to the head data scientist and AI architect at ProVise Consulting, “Most of the problems that businesses deal with, do not require PhD candidates.”
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Source: Analytics India Magazine