As fears around layoffs and economic uncertainty grow globally, Sridhar Vembu has warned that the world may be heading into a difficult phase and that artificial intelligence alone cannot fix deep-rooted economic problems. The Zoho founder said the “economic picture is getting grimmer” and urged people to “prepare for tough times ahead.”
In a detailed post on social media, Vembu questioned why many people in the United States — including college students — have started viewing AI negatively despite the country leading the global AI race. According to him, one major reason is that companies are increasingly linking layoffs to AI, a move he described as both “convenient” and useful for appearing “visionary.”
