The concept of “creative destruction” and “adversarial interoperability” is particularly relevant in the context of modern technology. We need to allow new technologies to work with existing platforms without legal repercussions and foster interoperability.
Vikram Sarabhai’s vision exemplifies India’s ability to leapfrog technological generations, learning from global advancements and avoiding their pitfalls, particularly in data technology, healthcare, and urban mobility. It should give us the confidence to shake of path dependence and try new innovative solutions to modern problems.
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.
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.
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.
The shift from private ownership to shared access, particularly in the automobile industry has been remarkable. With the rise of ride-hailing apps and potential for autonomous vehicles, the emphasis on owning a car is diminishing, especially in India, where the culture of vehicle ownership is less ingrained.
