Job losses: How AI has painfully disrupted dreams of young software engineering graduates

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As a story going viral recently recounts, back in the early 1990s, Infosys cofounder Nandan Nilekani had prodded and pestered actor and playwright Girish Karnad, a distant relative, to buy into the then-obscure software firm’s IPO.

As told to journalist Rollo Romig, author of I Am on the Hit List: Murder and Myth-making in South India, Karnad eventually gave in and bought some shares of Infosys. Within 10 years, as Infosys—and India’s burgeoning IT sector—g rew, the share prices skyrocketed and helped Karnad out of a lower-middle class living…



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Job losses: How AI has painfully disrupted dreams of young software engineering graduates


As a story going viral recently recounts, back in the early 1990s, Infosys cofounder Nandan Nilekani had prodded and pestered actor and playwright Girish Karnad, a distant relative, to buy into the then-obscure software firm’s IPO.

As told to journalist Rollo Romig, author of I Am on the Hit List: Murder and Myth-making in South India, Karnad eventually gave in and bought some shares of Infosys. Within 10 years, as Infosys—and India’s burgeoning IT sector—g rew, the share prices skyrocketed and helped Karnad out of a lower-middle class living…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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