Genetic diseases should be covered by insurance

The Delhi High court has held that rejecting an insurance claim on the grounds of the genetic conditions exclusion issued by the IRDAI would be violative of violative of Article 14 since discrimination on the basis of genetic heritage is unconstitutional.

Battery harmonization will help electric vehicles

Tim Harford’s book highlights the shipping container’s pivotal role in globalizing the economy. Similarly, the electric vehicle (EV) industry could revolutionize transportation with standardized battery design and swapping technology, as demonstrated by Ashok Leyland’s rapid battery replacement system. India, aiming for an all-electric fleet by 2030, could lead this transformation.

The backfire effect and the menace of fake news

The “backfire effect” is a cognitive bias that causes people to double down on their beliefs despite evidence to the contrary. This makes fake news hard to combat because it taps into regional cultural norms and beliefs, making it resonate deeply with its intended audience. The only effective remedy is to engage with fake news at a subliminal level, recognizing its impact on political views and opinions.

Decentralised Urban Management

The command and contro style of administration that we have been using to manage our electricity and urban water utilities so far are unable to cope with the demands of rapid urbanisation. We need to leverage technology to build decentralised urban management solutions that will enable distributed generation and supply of urban power and water.

Where have all the polymaths gone?

Thomas Edison was a prolific inventor because he could find connections between a series of unrelated inventions and ideas. Cross-disciplinary collaboration is critical for innovation and we should guard against the current trend of specialization that may hinder innovation.

The future of retail

The evolution of retail will feature a blend of online and offline shopping experiences. Yet physical stores will continut to be important. Amazon Go, a cashier-less store, combines the efficiency of online shopping with the tangible experience of brick-and-mortar stores.

In defence of friction

To build successful online businesses we need to identify long-standing human desires and use technology to simplify their fulfillment. While technology excels at reducing friction in services like transportation, finance, and shopping, excessive ease can lead to unintended consequences. Regulators face the challenge of balancing technological innovation with necessary legal friction to prevent harm.

The circular economy

The circular economy is a regenerative model aimed at minimizing waste and making the most of resources which is in contrast to our current economic model that emphasizes consumption and planned obsolescence. India, with its cultural inclination towards reuse and recycling, has the opportunity to incorporate principles of the circular economy in various sectors like construction, agriculture, and urban mobility, and businesses can do the same into their operations.

Skinny Solstice

There is value in large datasets that reveal statistically relevant insights - such as trends in fast food visits or sleep patterns. This is relevant to India’s growing data economy given the potential to use aggregated anonymous data to make informed decisions. We need to implement privacy by design, and for that organizations need to de-identify personal information to prevent potential harm if the data is lost or stolen.

Biology as engineering

Biology’s evolution from empirical to engineered, driven by network computing and big data, is revolutionizing healthcare and drug discovery. Innovations like Patient Ping enhance coordinated care, while computational techniques streamline molecule identification, reducing trial and error. Advances in organ-on-a-chip and cell engineering enable more precise, individualized treatments, necessitating a reevaluation of regulatory and intellectual property frameworks.