I believe the opposite is happening in China. I saw an article the other day ( https://fortune.com/2026/01/14/china-graduates-1-3-million-e... ) that showed how the amount of engineers being produced there is orders of magnitude greater than the US. Way above what you'd expect given the different sizes of population. Now, i realize an engineer isn't the same as a PhD but i think we're seeing a dramatic brain drain happening in the west.
There was an interesting Freakonomics podcast a few months back that pointed out an interesting divide in how the US and China thinks about its leaders[0].
> China is a country that is run by engineers, while the U.S. is a country run by lawyers. Engineers, he explains, are driven to build while lawyers are driven to argue, and obstruct.
Even Trump: > And even though Donald Trump is not a lawyer by any means, I think he is still a product of the lawyerly society, because lawsuits have been completely central to his business career. He has sued absolutely everyone. He has sued business partners, he has sued political opponents, he has sued his former lawyers as well. And there is, I think, something still very lawyerly about Donald Trump in which he is flinging accusations left and right, he’s trying to intimidate people, trying to establish guilt in the court of public opinion
Very interesting take and I think insightful on why the US is the way it is today and sidesteps the democracy vs autocracy debate.[0] https://freakonomics.com/podcast/china-is-run-by-engineers-a...
And since China cracked down on the tech industry there aren't enough jobs for those new STEM graduates, so many are stuck doing gig work: https://asiasociety.org/policy-institute/19-percent-revisite... .
I’m not a PhD, just an engineer and I moved out of The Netherlands. It was no longer economical feasible to live there. I am very pessimistic about the future Western Europe. Right now it offers the one of the best QoL in the world for the average worker but who knows for how long. With the current brain and wealth drain there will no longer be enough people to support the social system.