Normally that would be a good thing, but in this instance the version of jQuery removes support for some features that are still used by some jQuery plugins.
I’ve written a quick plugin you can download that will let your WordPress site continue to use the version of jQuery that was included with WordPress 3.5.2.
If you’re having trouble with your slideshow or any other interactive elements in your site, you might give this a try.
If you encounter any problems, let us know in the forum for your theme. Thanks.