Google Translate's live camera font changing.. was Word Lens and was a Stanford thesis before that.
Lytro field camera... was Stanford research.
Impossible Burger... was Stanford GMO heme.
Google... Stanford.
Cisco...
VMware...
HP...
Nike, TSMC, Trader Joe's, Netflix, PayPal, Nvidia, Varian, Charles Schwab, Atari, WhatsApp, Instagram, SnapChat, ..
Physics and mathematics are other economic dead-ends.
If you want a steady career become an MD: plastic surgeon, cardiologist, anesthesiologist, perfusionist (doesn't necessarily require becoming an MD), or endocrinologist.
Most PhDs have a net negative lifetime earnings opportunity cost.
Biotech, data science, AI/ML are also good bets. What's not a safe bet is generic "programmer" likely to be automated out of a job and salaries are likely to crash when there's an oversupply of lower-skilled talent. Most programming will become trivial or eliminated by automation, as is already beginning to happen with AI code completion.
Half of the trading quants on my team are physics/math PhDs. Very few econ/finance degrees. Not that there are an ocean of these jobs available, and these are probably outliers compared to the 95%+ of people graduating with those degrees, but it is still a data point.
For a simple example, pretty much all of the PhD students could get a quantitatively oriented job with "analyst" in the title (why is the kid with an econ degree working a call center job?!?). That requires nothing besides telling students where to look.
For private sector data science gigs programs need to typically do a better job with training programming skills, but many govt research positions and think tanks they will be qualified for as is. Likely the case students can independently pursue projects that make them better qualified for data science positions or take courses already available in other departments at Bloomington to make up for gaps in the current PoliSci curriculum.
Does a political science degree actually indicate a similar quantifiable increase in capability beyond just having more writing experience? I don't know much about what professional political scientists do so perhaps someone can enlighten me.