AI may gobble up 90% of jobs, warns CRED founder & CEO Kunal Shah

Artificial intelligence (AI) could pose a risk to the relevance of jobs in 10 years, according to Kunal Shah, founder and chief executive officer of the financial technology (fintech) platform CRED, speaking at the Global Fintech Fest in Mumbai.

He expressed concern that many people underestimate the risks associated with AI, likening it to something as simple as ChatGPT. Shah confidently stated that up to 90 per cent of individuals currently employed may find their jobs less relevant a decade from now. Shah was in conversation with CNBC TV18.