New Delhi, April 20 -- Portfolio-management services firm, Marcellus Investment Managers' founder and chief investment officer (CIO), Saurabh Mukherjea, warned the Indian middle class about the reducing number of traditional white-collar jobs due to the industry-wide shift to automation.

In a recent podcast named 'Beyond the Paycheck: India's Entrepreneurial Rebirth,' Mukherjea said that the current decade will determine the effective death of "salary employment," where hardworking people are expected to be replaced by automation and artificial intelligence (AI).

"I think the defining flavour of this decade will be effectively the death of salaried employment, the gradual demise of salary employment as a worthwhile avenue for educated, ...