I've been holding onto an offer from Microsoft as an applied scientist (in Bing Natural Language Understanding). I also applied to PhD programs, and am waiting to hear back. As I'm looking at the alumni profile page of some of these schools, it seems like a large number of people don't really land top tier/ high paying industry positions even after completing their PhD. I feel like doing a PhD will be fun, but in case I don't make it in academia, do you think it would hurt me for applying to industry positions? What are your thoughts on weighing industry positions vs PhD in general?