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The funny thing is that it even applies to restaurants.

Agreed, that is why I plan on putting something like this biogas digester/stove system [0] in my next house. Bonus green waste disposal too!

What's wrong with a beefy induction stove?

Flames give food different flavours that you cannot get from just heating it with induction or hot plates.

Also flames can go up the sides of a cooking vessel (specifically thinking a wok here) which you cannot achieve on an induction stove top.