Zoho’s Sridhar Vembu sees a painful rebalancing of jobs in the AI age

Zoho cofounder Sridhar Vembu warns AI could enable one person to do the work of 10 in computer-based jobs, causing a painful economic shift. While this may reduce some roles, it could also lower costs and expand access to services like software engineering and digital marketing. Zoho faces rising costs from AI and server prices, leading to budget cuts and paused pay raises, but aims to avoid mass layoffs despite a grim job outlook.