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In this climate, I would probably lean towards taking up that job. You have a few good things going for you:

1. You have good academic credentials

2. You are trained in a "hot" field (my Ph.D. was in Physics but I've always loved software engineering and ML, but that was a very hard transition for me to pull off)

3. Getting a year or two under your belt is probably better than a large gap in your career if things continue to go south on the employment front. I suspect a decent number of ML/Datascience people are going to be laid off if they haven't already because they end up being more expensive and it isn't as easy to quantify their net impact / benefit to a company.

Just focus on how you can use your time at any job right now to improve your skills and round out your profile so you are a more attractive candidate for the kinds of jobs you'd like to target in a few years.

Also, if things bounce back in the next year, demand is still going to be high and you should be able to find a better job and switch relatively easily.




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