Lakshmi chases Saraswati in knowledge economy

By Ram Krishna Sinha

The twenty-first century is the age of the knowledge economy that relies on intellectual capital. Its main features are education and skills, information and technology infrastructure, research and innovation system. This economic model creates intangibles such as patents, copyrights, proprietary software and knowledge processing, all of which point to the importance of education and knowledge as their source. In this world, new ideas and innovation have more power than money.

In the knowledge economy, Saraswati is the goddess of knowledge, creativity, learning and wisdom. Saraswati Lakshmi helps create wealth and prosperity. Modern knowledge of artificial intelligence, quantum computing, internet of things is transferable, creates enormous value and boosts economic growth. Such knowledge-based activities enhance our standard of living by increasing the quantity and quality of production and providing innovative products and services. While some capital-intensive industries and money are needed to finance research and development, it underlies ideas, creativity and innovation, which primarily drive business and research.

Yet, to sustain this knowledge economy and make it a model of greater social good and service to humanity, we need not just knowledge but also wisdom. The quality and scope of knowledge should also rise, and it should not become a mere information-gathering exercise or a job-seeking endeavor.

In an age inundated with information from multiple sources, our ability to distinguish between noise and signal, real and false, right and wrong, is an important life-skill, especially for young people. Here again, Saraswati's guidance and blessings are very important to develop critical thinking and wisdom.

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Goddess Saraswati uses swan as her vehicle. The holy swan has a sensitive beak that helps it distinguish milk from a mixture of milk and water. The swan, therefore, represents the power to discriminate between good and bad, valuable and worthless. Also, the swan can swim without getting wet. His use of the swan as his vehicle demonstrates the vital need for a strong judgement, and the discriminating use of knowledge for the benefit of self and society, and swimming in the waters of life to realize the ultimate truth. . This is how we can develop critical thinking and wisdom and become worthy of Goddess Saraswati's blessings. As they say, where Saraswati resides, Goddess Lakshmi soon arrives.



The views expressed above are the author's own.

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