Hi all,
I have been following the discussions for quite some time now, and it feels great to be in the midst of this hotbed of intellectual activity. Three cheers to that, and to everyone on the forum for stoking great ideas and conversations!
A brief background about myself - I am a physicist and electrical engineer by training. I worked in the data analytics field for over a year at Citigroup, before jumping into the startup sector, focused on retailing in upcountry locations. I have been researching on complex systems from my college days, probing into a number of questions, specially those that have to do with networks.
Just to add to the discussion on the education sector, I feel that there is a very strong feedback loop from the market forces on to the choices that we make towards our chosen subjects in college. This is self-evident but sometimes it may be a self-reinforcing cycle - bright brains going on the well-tread beaten path create further opportunities for others. On the other hand, opportunities in other fields may remain unexplored, and the resulting low growth further deters good talent from entering these fields. Growth in any field feeds off itself. This, in my view, is inevitable in a truly market-driven economy, and this is where an external agency (namely, the government ) has a role to play. This loop also has a strong hysteresis effect, particularly in India, where students and parents may still feel that being a software engineer or an MBA is the only surefire path to success, despite numerous other fields opening up and creating great opportunities with lesser competition.
I am also intrigued with the question of how the university system is going to adapt itself to the Information Age, as they continue to function almost identically to the way they functioned 100-200 years back. This is especially interesting in the light of a number of online learning initiatives coming out of Stanford, namely
coursera.org and
udacity.com, which opens up a new paradigm in teaching and learning. Our group here is also a part of this revolution that I hope will shape the future of education.
Cheers,
Neeraj