Yes and structurally universities “train” far more PhDs than they have professor positions so it is literally impossible for the vast majority of academic track PhDs to get a professor position. The economics drive this: PhD students are just underpaid lab workers, basically. Like the 5 interns hoping to get the one full time position, it’s not an accident, the situation is gamed because the employer gets more labor for less money.
Yes and structurally universities “train” far more PhDs than they have professor positions so it is literally impossible for the vast majority of academic track PhDs to get a professor position. The economics drive this: PhD students are just underpaid lab workers, basically. Like the 5 interns hoping to get the one full time position, it’s not an accident, the situation is gamed because the employer gets more labor for less money.