Not a correct statement, one would think.
Let us think about the Indian context. We spend 0.64% of GDP on R&D. This speaks volumes of our apathy towards deep research, innovation and IP creation. We are no way comparable to China, Japan, US and Israel.
We are so engrossed in creating managers for today and tomorrow but have failed to recognise the fact that science is a fundamental factor to succeed as a nation or a super power. We have had enough of managers and let us focus / spend more on science and scientific efforts. Young minds have to be prepared towards research and innovation for the future. Academicians and parents have a responsibility to encourage students to opt for science curricula.
Thankfully the crave for Information technology engineers have vaned in the last few years at the engineering institutes and attention is turning towards more enrolment in core engineering and science subjects.
Corporates on the other hand are not spending enough on science or creating / supporting more scientific bodies that propel R&D efforts to a different level to compete with other superpowers.
We have progressed well in space and defence technologies but going slow on medical research, agricultural research, live stock research, health care research etc. Government bodies like CSIR, DRDO, ICMR, ICAR, NRDC, NIBMG have to step up on the pedal with the support of big corporates.
The whole world has moved towards AI and lacking in fundamental research and R&D initiatives will only retard our adoption to AI in every sphere of industrial automation and innovation.
THE PULSE by Sivakumar Gopal 