‘AI vendors promise job cuts and savings, but…’: Sridhar Vembu warns it’s just the beginning

The founder of the victim Srasa Wembu believes that the real threat of the software market is not modest. In X post, Vembu said that while sellers promise large savings by cutting jobs through AI, “at least so far” small “.

He said it was important to think about the hippie and reality when evaluating a new technology.

Wembu added that although AI is rapidly progressed, its immediate impact on employment has been limited to employment. “The field goes fast, and I personally believe that they will have an impact, but we have not yet seen the impact.

Responding to his post, one user said: Another user said.

Earlier, Vembu has set out the deep structural problem weighing in the software market. He said that inefficiency in the industry did not occur by AI, but for decades of the superpowers, through venture capital, private equity and IPO funded.

“Software sellers who have applied to liberal doses of marketing costs (missing) and uncertainty (” Techniques changing, you need “),” he said. “He said.

Wembu claims that inflamed IT systems are creating mass inefficiencies, most of which are outgoing Indian IT services companies. “Indian IT firms have often been appointed three or four times more employees for each ineffective process that require five people in the West, to maximize the calculation hours,” he said.

He opposed Indian banks and financial institutions, which, due to tougher budgets, built thin and more efficient IT systems.

Vembu warned that the lack of discoming the efficiency of the disk affected the industry vulnerable. AI, while still replaces jobs on a scale, already transforms for decades of accumulated inefficiency.

“These floods are now history, and we have a serious drought. That’s why I’m pessimistic about the software market, even before the AI ​​registration.