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AI, data centre costs are slowing IT hiring, Zoho founder Sridhar Vembu
Zoho Corporation's founder notes IT job growth is slowing significantly. Funds are now diverted to rising artificial intelligence and data centre expenses. Enterprise customers are also shifting their spending towards AI technologies. Manufacturing automation creates fewer jobs despite lowering production costs.
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hindustantimes.com
‘We are not creating new jobs’: Zoho’s Sridhar Vembu flags AI’s impact on IT hiring
Sridhar Vembu said AI and data centre costs had slowed new hiring across India’s IT sector. | Trending
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newsbytesapp.com
IT industry not creating enough jobs anymore, says Sridhar Vembu
Zoho's Sridhar Vembu highlights India's struggle to generate jobs for its youth, attributing reduced IT hiring to increased spending on artificial intelligence and data centers.
