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Institutions unaccountable to markets adapt slowly to new technologies
  • Universities took 15 years to introduce computer courses
  • Private sector pioneered computer training in early 1980s
  • Similar lag expected in institutional response to AI
Sanjiv BchandaniANI News00:27:52

Supporting quotes

When a new technology comes in very often institutions that are not accountable to markets respond slowly. Sanjiv Bchandani
It took 5 to 10 years for people to understand computer as an employable skill. It took 15 years for Delhi University to respond. Sanjiv Bchandani

From this concept

Historical Patterns of Technological Disruption

Sanjiv Bchandani draws parallels from computer adoption in the 1980s to argue that while AI will transform jobs, historical precedent suggests net employment may not decline if India adapts proactively.

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