“This is not good”: the economy that the financing is destroyed will destroy the community, and feels Zoho Sridhar Vembu

SRIDHAR VEMBU, co -founder of Zoho Corporation, expressed his concerns about the growing trend among Indian American children from engineering and technology backgrounds that have turned towards higher financing. In a tweet on Tuesday, Vembu was reflected in his personal experience and warned of the consequences of the economy moved by funding.

He pointed out that “smart American children, who work their parents in engineering or technology, move to higher financing”, and compare it to a long -term direction in the United States where bright minds are attracted towards Wall Street instead of innovation -based fields.

VEMBU recalled an accident from 1994 when he obtained a PhD from Princeton University. “A former engineer from Silicon Valley, who moved to the Wall Street job, tried to convince me of joining his quantitative team. Instead, I assumed a lesser -fee job as a Qualcomm engineer,” he said, adding that he did not find “earning money on money.”

According to VEMBU, this transformation in talent from engineering to financing is a worrying sign. “Recently, I noticed that the smart and well -learned Indians are attracted to funding. This is not good,” he said. He stressed the importance of directing intellectual capabilities towards resolving the real world challenges.

“We need to apply our talents to solve difficult engineering problems and technology, problems of difficult urban and rural infrastructure, solid health care problems, etc.”, urged us to do so. “

VEMBU warned that the economy is excessively dependent on financing can lead to societal instability. He warned, “Getting money for money feels easy, but the economy that is moved by financing will destroy society.” “This is an old wisdom, and we must pay.”