> they’re not thinking about the future at all
IMO, this is more likely.
Speculation on my part, but this evinces the kind of tech-focused education that I personally know to be pervasive in India. The curriculum omits any "history of technology" or "ethics in innovation", so at best, these founders are missing a core part of "humanistic" learning.
At worst... well, why go there? They're from privileged backgrounds, and mere ignorance is enough to explain this kind of short-sighted "innovation", without adding malice into the mix.