Not that recent, at least not here in Europe. I know the difference, they had a resistive cooktop maybe 15 years ago or so, that was even worse, took forever to respond.
There are several problems with induction. While not inherent to induction, the controls tend to be crap. For some reason most induction cooktops have touch controls, which are an absolute disaster. At my parents previous place they had one where you had to first select the burner, and then use +/- touch buttons to change the temperature. You couldn’t quickly change anything. And of course the touch controls never worked if you had wet hands (and why would you have wet hands when cooking, right ?) Although indiction plates with knobs apparently do exist, I haven’t seen any yet.
A problem that is inherent is the complete lack of feedback: you can’t see a flame, you can’t hear it, meaning you can’t adjust the temperature by feel. Another inherent problem is that it limits the type of cookware you can use on it, only flat bottomed steel pans.
Basically, they are very impractical devices and not fit for purpose in any way.