“Artificial intelligence sellers promise to cut work and savings, but …”: Sridhar Vembu warns that it is just a beginning

Zoho Sridhar Vembu believes that the real threat to the software work market is not AI – at least not yet. In X Publishing, Vembu pointed out that although sellers bid farewell to large savings by cutting jobs through artificial intelligence, “at least so far, the impact of the labor market was” small “.

He said it is important to remain aware of the gap between noise and reality when assessing any new technology.

Vembu added that although artificial intelligence is progressing quickly, its direct impact on employment has been limited to now. He wrote: “The field moves quickly and I personally think there will be an effect, but we have not seen the influence yet. It is always good to be aware of reality when assessing any technique.”

In response to his position, one of the users said, “It is good to know, but it is always in the short term. Another user noticed,” There is no discussion about it. But when, how every market will be affected, parking will not be affected negatively, it will not be possible to predict. But the wisdom will be for the working power to #Llear to use #ai.

Earlier, VEMBU defined a deeper structural case weighing the software work market. He said that the deficiencies in the industry were not caused by artificial intelligence, but with contracts of excessive opinion through investment capital, private shares, and the financing moved by public subscription.

He said, “The software sellers applied liberal doses of marketing spending to spread fear (from loss) and uncertainty (” technology changes, you need us “)) and suspicion (” Are you confused? Our confidence “) among the companies’ customers and the result was growing at all its spending.”

VEMBU argued that enlarged information technology systems created huge shortcomings, which have been used external sources of Indian IT services. “For every ineffective operation, it requires five people in the West. Indian information technology companies have often appointed three or four times the number of workers to increase bacteria watches,” he said.

This varied with Indian banks and financial institutions, which, due to the most strict budgets, has created the most efficient and more efficient IT systems.

VEMBU warned that the lack of incentives to pay efficiency may leave the industry vulnerable. Amnesty International, although jobs are not widely replaced, already displayed contracts from accumulated palaces.

“These floods are now a history and have dangerous dryness. For this reason I am pessimistic about the software market, even before artificial intelligence explains,” said Vembu.