Induction cooking is sorcery masked as science through the power of magnets. That's what I believe in my heart, at least. The heat is created from magnetic induction (as opposed to a gas stove flame or electric heating), which means without the right type of pan, you won't be able to cook anything, even if the stove is on.
Yuppiechef clearly demonstrates this by showing different foods be cooked (eggs, chocolate and bacon) in a pan cut in half. You can see it cooking on one side but not on the other. Sorcery, I say!