Breaking the Mould: Reimagining India's Economic Future

by Raghuram G. Rajan

almost 60 per cent of global websites are in English, which gives artificial intelligence algorithms based on English a much greater database to train on.12 Most of the world’s textbooks and scientific papers are published in English, and ad hoc translations are rarely as easy to read. More prosaically, while real-time translation by bots will come, perhaps soon, the ability to converse in a common language with the world will be an advantage in providing real-time services, and in business transactions, for years to come. We also need to increase the numbers of our best-educated and trained professional workers—doctors, engineers, consultants, lawyers and professors—who could provide services directly to the world, even as they