Job Creation is Challenge Amid AI Shift: Sridhar Vembu
Zoho chief scientist Sridhar Vembu warned that AI adoption and rising data centre costs are reducing new hiring across India’s IT sector, even without layoffs. He questioned whether the global market needs much more software and said the bigger challenge is creating jobs and ensuring people can afford increasingly cheaper goods.
Zoho chief scientist Sridhar Vembu has raised concerns over limited job creation for India’s large youth population in an uncertain global economy. He noted that the IT sector, including Zoho, has not generated many new roles in recent years despite avoiding layoffs. Vembu explained that funds once allocated for new hires are now directed towards AI and rising data centre costs driven by higher server and memory prices. While AI speeds up software production, he questioned whether the saturated global market needs significantly more software, shifting focus to quality and reliability. Enterprise customers are redirecting IT budgets towards AI, and rapidly growing AI firms are investing heavily in capital expenditure with unclear long term profitability. Extensive automation in manufacturing further limits large scale employment. Vembu framed the core challenge as structuring the economy so people can afford increasingly cheap goods, noting political pressure for expanded freebies or universal basic income style support in India. He left open the question of better alternatives.
Sridhar Vembu Highlights Job Creation Challenges Amid AI Shift
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(The above story first appeared on LatestLY on Aug 02, 2026 03:01 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
