6 publishers · first seen Thu, 29 Oct 2026 08:05 UTC · updated Fri, 30 Oct 2026 06:25 UTC
Zoho co-founder Sridhar Vembu warned that artificial intelligence could enable one worker to perform tasks previously requiring 10 employees, creating risks for computer-based jobs and leading to economic rebalancing. He stated that while this does not mean 90 per cent of such workers will lose their jobs, industries previously unable to afford software engineers or digital marketers may now be able to do so due to lower costs.
Vembu emphasized the need to accept and prepare for the changes brought by AI. His comments come amid broader industry shifts, with Microsoft offering voluntary exits to up to 60,000 employees, about 27 per cent of its global workforce of 2,23,000, to support its AI investments, including a planned $175 billion capital expenditure this year.
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