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IT industry not creating enough jobs anymore, says Sridhar Vembu

IT industry not creating enough jobs anymore, says Sridhar Vembu

NewsBytes 1 week ago
Sridhar Vembu, the founder and Chief Scientist of Zoho, has raised concerns over the impact of artificial intelligence (AI) on job creation in India's technology sector.
In a post on X, he emphasized that despite the productivity gains from AI, the industry is struggling to keep up with its growing workforce. He said funds that could have been used for hiring are now being diverted toward AI infrastructure and data centers.
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