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“A problem of political economy, not tech”: Sridhar Vembu says Govt should break monopolies to lower costs of AI-made products

  • Sridhar Vembu, the founder of Zoho, believes that governments should focus on improving economic policies to allow common people to afford low-priced AI and robot-made products.
  • Vembu expressed that even if software development was automated in the future, there would still be tasks for humans and machines would not fully replace the workforce.
  • He suggested that the government's role is crucial in ensuring equitable distribution of wealth, emphasizing the need to address political and economic policies instead of just technological advancements.
  • Vembu called for governments to intervene and break up tech monopolies to reflect the actual low costs brought by automation and AI in the prices of goods and services.

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