Ain't worth it, man.
Ain't worth it, man.
For reference, I have a degree in philosophy but ultimately decided not to go for a PhD.
These include: (a) teaching can be really fun, in terms of inspiring the next generation and opening their minds to new topics, (b) no one tells us what to do, we can work on what we personally think is important (though funding that is a separate question), (c) we're considered experts that can be called on by journalists, government agencies, patent lawyers, and immigration lawyers to help out, (d) we can do consulting to help with tech transfer and to learn more about industry problems, (e) thanks to Bayh-Dole act in USA we can also commercialize the technologies we develop.
Again, computer science is quite different, in that there are a lot more industry jobs available, a lot more money sloshing around compared to other fields, and less of a need to do multiple postdocs.
Also, don't underestimate the value of teaching. Not only is it a great value to society as a whole, but it can be highly intrinsically rewarding. I have a large stack of thank you cards and small gifts from students over the many years, and still occasionally get fun emails from students sending me new examples to use in class or stories of how they're applying what they learned.
So yes, there are a lot of tradeoffs involved with academia. But for me personally, I feel that I've made a positive difference in many people's lives, through my teaching, my research, and my advocacy, in ways that I wouldn't have been able to elsewhere.