India's school education system was substantially built to produce a literate workforce for an industrial and clerical economy, emphasising rote learning, standardised testing and uniform curricula delivered at scale. The skills increasingly demanded by a services- and technology-oriented economy, critical thinking, adaptability and collaborative problem-solving, are not the same skills that scaled system was originally optimised to produce.

With reference to the above passage, the following assumptions have been made:

1. India's school education system requires no further reform of any kind.

2. The skills a mass education system was originally built to produce may not match the skills a changing economy now demands.

Which of the above assumptions is/are valid?