The founder of Atomberg, Arindam Paul, issued a striking warning on the AI Crisis of India AI. “Nearly 40 to 50 percent of white cervix jobs that exist today could stop existing,” wrote Paul on Linkedin, adding that if this will happen, it will mark the end of the middle class of India and its consumer history.
His comments follow similar concerns raised by the co-founder of Zoho, Sridhar Vembu, who also sounded the alarm on the future of India’s software work in a world dominated by AI.
“I do not think that most people, including our leaders, always understand the great threat that AI could be for our economy,” wrote Paul, calling the deep risks that India is confronted while artificial intelligence takes care of the tasks traditionally managed by white collars.
“Our manufacture is far from the place where it should be with regard to the generation of jobs that pay 3 to 6 lakhs per year,” added Paul, highlighting the inability of India to build a robust industrial base that could increase the stroke of shrinking in white collar.
Directly taking the flagship sectors of India and BPO from India, Paul warned that they would see a “great reduction in the workforce and in many cases in their business”. Although he believes that companies like infosys “will survive and that some could even prosper”, he was frank saying: “They will not employ as many people as they do.”
“Almost 40 to 50% of white settlers that exist today could stop existing,” said Paul, stressing that such a change would mean “the end of the middle class and the history of consumption”.
He also criticized the societies to be in short views in their celebration of EA -oriented efficiency.
“Although all companies are happy today that AI will reduce the workforce and increase efficiency and improve the background line, they forget that unemployed and money in the hands of consumers, there will be no high level line,” he wrote.
While hoping that his predictions do not materialize, Paul said: “I hope that none of this will happen and that we continue to develop our GDP at an absolute level as well as at the level per capita, but I also think that it is the most likely scenario for India unless we really fear on manufacturing.”
Paul’s post echoes Sridhar Vombu from Zoho, who recently wrote on X that he was “pessimistic about the software labor market, even before taking AI”. VEMBU warned of “massive over-capacity” in the IT sector and “multiplied ineffectiveness” in outsourced services, adding that AI could possibly devour a large part of the Passe-Partout code which stimulates major IT projects.
