Indore, M.P, April 14, 2025: Mradul Kanugo, Chief AI Officer at Softude, was recently invited as a guest in the UpperCrust Wealth podcast “Will AI Take Our Jobs, Data, and Future? A Deep Dive into the AI Revolution,” hosted by Dhruv Pawashe, Equity Research Analyst at UpperCrust Wealth.
In an eye-opening discussion, Kanugo addressed key concerns surrounding artificial intelligence, including its transformative potential for businesses and entrepreneurs, its impact on jobs, and the ethical dilemmas of AI.
He began by challenging the notion that AI is only accessible to tech giants. Mradul explained that tasks such as building websites, previously taking up to five days, can now be accomplished in mere hours using AI, unlocking productivity gains of 20% to 80% across sectors.
When asked about the threat to jobs, Kanugo acknowledged that roles involving repetitive, low-cognition work are most at risk. He cited a case where AI agents capable of handling thousands of calls replaced a customer service team. Importantly, the displaced staff was upskilled and reassigned to more strategic functions, highlighting a shift rather than a simple loss of employment.
Mradul also discussed the global workforce implications of AI. “Developers who embrace AI will significantly increase their chances of staying relevant and creating new value,” he said.
Kanugo emphasized the need for human oversight, noting that while AI is powerful, it’s prone to errors and lacks legal accountability. He dismissed fears of runaway AI as science fiction, asserting that human-designed safeguards will keep systems in check. Concluding the conversation with the rising environmental concern due to AI’s growing appetite for energy, he urged the tech industry to explore renewable energy sources and more efficient infrastructure to sustain long-term growth.
About UpperCrust Wealth
UpperCrust Wealth is a boutique wealth management firm built on a foundation of trust and experience. The firm offers tailored strategies to help clients create, manage, and preserve multi-generational wealth. UpperCrust caters exclusively to Ultra-High Net Worth individuals as a Family Wealth Office advisory firm, providing deep insights, personalized solutions, and an unmatched level of discretion.
