Archive · 3 Aug 2026
AI Adoption Slows IT Hiring, Vembu Warns India’s Job Crisis
Sridhar Vembu, the boss of a big software company called Zoho, said that new computer programs are being made faster because of artificial intelligence, or AI.
But he worries that the money companies spend on AI is taking money away from hiring new workers.
He thinks this could be a problem for India, where many young people want jobs.
Vembu also said that even big factories are using robots, so there might not be many new jobs in manufacturing either.
He wonders if the government should give people money to help them buy things, like a universal basic income.
The future of jobs in India is uncertain, and Vembu wants people to think about it.
AI spending is diverting budgets from hiring in India’s IT sector.
Zoho has avoided layoffs but has not added many new employees recently.
The global software market may be saturated, limiting demand for more software.
Automation in manufacturing also reduces job creation opportunities.
Vembu suggests welfare measures like UBI could help address income gaps.
- Who
- Sridhar Vembu, founder of Zoho Corp
- What
- Warned that AI investment is slowing IT hiring in India
- When
- Post made on X in early 2024
- Where
- India
- Why
- AI costs divert budgets from hiring, raising job‑creation concerns
- Key Concern
- AI spending reduces hiring
- Industry
- IT/Software
- Country
- India
- Company
- Zoho Corp
- Speaker
- Sridhar Vembu