If you have an issue like this
get the following warning, but I'm not sure where v1.0.6 resides.
Is it possible this error comes from a Kotlin library somehow including an old Kotlin version?

Use kotlin latest version 1.6.20 (the latest when I'm writing this post)

replace this
implementation 'org.jetbrains.kotlin:kotlin-stdlib-jdk7:1.4.30'
with
implementation 'org.jetbrains.kotlin:kotlin-stdlib-jdk8:1.4.30'

and also the gradle version for
dependencies {
classpath 'com.android.tools.build:gradle:7.1.3'
classpath "org.jetbrains.kotlin:kotlin-gradle-plugin:$kotlin_version"
}