Figured it out here is my log file as the shader fails: (I highlighted where the error starts in bold)
[INFO] RetroArch 1.9.1 (Git cf6ca2a)
[INFO] === Build =======================================
[INFO] CPU Model Name: Intel(R) Core(TM) i7-8750H CPU @ 2.20GHz
[INFO] Capabilities: MMX MMXEXT SSE SSE2 SSE3 SSSE3 SSE4 SSE4.2 AES AVX AVX2
[INFO] Built: Mar 28 2021
[INFO] Version: 1.9.1
[INFO] Git: cf6ca2a
[INFO] =================================================
[INFO] [Input]: Found input driver: "dinput".
[INFO] [Environ]: SET_PIXEL_FORMAT: RGB565.
[INFO] Version of libretro API: 1
[INFO] Compiled against API: 1
[INFO] [Audio]: Set audio input rate to: 48000.00 Hz.
[INFO] [Video]: Video @ fullscreen
[INFO] [Vulkan]: Vulkan dynamic library loaded.
[INFO] [Vulkan]: Found vulkan context: vk_w
[INFO] [Vulkan]: Detecting screen resolution 1920x1080.
[INFO] [Vulkan]: Found GPU at index 0: NVIDIA GeForce GTX 1070 with Max-Q Design
[INFO] [Vulkan]: Using GPU index 0.
[INFO] [Vulkan]: Using GPU: NVIDIA GeForce GTX 1070 with Max-Q Design
[INFO] [Vulkan]: Queue family 0 supports 16 sub-queues.
[INFO] [Vulkan]: Creating swapchain with present mode: 2
[INFO] [Vulkan]: Using swapchain size 1920 x 1080.
[INFO] [Vulkan]: Got 3 swapchain images.
[INFO] [Vulkan]: Creating swapchain with present mode: 2
[INFO] [Vulkan]: Using swapchain size 1920 x 1080.
[INFO] [Vulkan]: Got 3 swapchain images.
[INFO] [Vulkan]: Using resolution 1920x1080
[INFO] [Vulkan]: Using RGB565 format.
[INFO] [Vulkan]: Loading stock shader.
[INFO] [XInput]: Found XInput v1.4.
[WARN] [DINPUT]: Strong rumble unavailable.
[WARN] [DINPUT]: Weak rumble unavailable.
[INFO] [Joypad]: Found joypad driver: "dinput".
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Video]: Found display server: win32
[INFO] [XAudio2]: Requesting 64 ms latency, using 64 ms latency.
[INFO] [Display]: Found display driver: "vulkan".
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [SRAM]: SRAM will not be saved.
[INFO] [Playlist]: Loading history file: [C:\Users\nxjta\Desktop\Retroarch\content_history.lpl].
[INFO] [Playlist]: Loading history file: [C:\Users\nxjta\Desktop\Retroarch\content_music_history.lpl].
[INFO] [Playlist]: Loading history file: [C:\Users\nxjta\Desktop\Retroarch\content_video_history.lpl].
[INFO] [Playlist]: Loading history file: [C:\Users\nxjta\Desktop\Retroarch\content_image_history.lpl].
[INFO] [Playlist]: Loading favorites file: [C:\Users\nxjta\Desktop\Retroarch\content_favorites.lpl].
[INFO] [Vulkan]: VSync => ON
[INFO] [Vulkan]: VSync => ON
[INFO] [CORE]: Using content: D:\Emulators\Playstation Emulation\ISO's Retroarch\Chrono Cross Disc 1\Chrono Cross (USA) (Disc 1).cue.
[INFO] [Core]: Content ran for a total of: 00 hours, 00 minutes, 00 seconds.
[INFO] [Core]: Unloading core..
[INFO] [Core]: Unloading core symbols..
[INFO] [Video]: Does not have enough samples for monitor refresh rate estimation. Requires to run for at least 4096 frames.
[INFO] RetroArch 1.9.1 (Git cf6ca2a)
[INFO] === Build =======================================
[INFO] CPU Model Name: Intel(R) Core(TM) i7-8750H CPU @ 2.20GHz
[INFO] Capabilities: MMX MMXEXT SSE SSE2 SSE3 SSSE3 SSE4 SSE4.2 AES AVX AVX2
[INFO] Built: Mar 28 2021
[INFO] Version: 1.9.1
[INFO] Git: cf6ca2a
[INFO] =================================================
[INFO] [Input]: Found input driver: "dinput".
[INFO] [Core]: Loading dynamic libretro core from: "C:\Users\nxjta\Desktop\Retroarch\cores\mednafen_psx_hw_libretro.dll"
[INFO] [Overrides]: No core-specific overrides found at "C:\Users\nxjta\Desktop\Retroarch\config\Beetle PSX HW\Beetle PSX HW.cfg".
[INFO] [Overrides]: No content-dir-specific overrides found at "C:\Users\nxjta\Desktop\Retroarch\config\Beetle PSX HW\Chrono Cross Disc 1.cfg".
[INFO] [Overrides]: No game-specific overrides found at "C:\Users\nxjta\Desktop\Retroarch\config\Beetle PSX HW\Chrono Cross (USA) (Disc 1).cfg".
[INFO] [Environ]: GET_CORE_OPTIONS_VERSION.
[INFO] [Environ]: GET_LANGUAGE: "0".
[INFO] [Environ]: RETRO_ENVIRONMENT_SET_CORE_OPTIONS_INTL.
[INFO] Core requested VFS version >= v1, providing v3
[INFO] [Environ]: SET_CONTROLLER_INFO.
[INFO] [Remaps]: Remap directory: "C:\Users\nxjta\Desktop\Retroarch\config\remaps".
[INFO] [Overrides]: Redirecting save file to "C:\Users\nxjta\Desktop\Retroarch\saves\Chrono Cross (USA) (Disc 1).srm".
[INFO] [Overrides]: Redirecting save state to "C:\Users\nxjta\Desktop\Retroarch\states\Chrono Cross (USA) (Disc 1).state".
[INFO] [Environ]: GET_LOG_INTERFACE.
[INFO] [Environ]: GET_MESSAGE_INTERFACE_VERSION.
[INFO] [Environ]: SYSTEM_DIRECTORY: "C:\Users\nxjta\Desktop\Retroarch\system".
[INFO] [Environ]: GET_SAVE_DIRECTORY.
[INFO] [Environ]: GET_DISK_CONTROL_INTERFACE_VERSION.
[INFO] [Environ]: SET_DISK_CONTROL_EXT_INTERFACE.
[INFO] [Environ]: GET_PERF_INTERFACE.
[INFO] [Environ]: SET_SERIALIZATION_QUIRKS.
[INFO] [Environ]: PERFORMANCE_LEVEL: 15.
[INFO] [CONTENT LOAD]: Content loading skipped. Implementation will load it on its own.
[INFO] [Environ]: SET_INPUT_DESCRIPTORS:
[INFO] [Environ]: GET_RUMBLE_INTERFACE.
[libretro INFO] Rumble interface supported!
[INFO] [Environ]: SET_PIXEL_FORMAT: XRGB8888.
[INFO] [Environ]: SET_CONTROLLER_INFO.
[libretro INFO] Loading D:\Emulators\Playstation Emulation\ISO's Retroarch\Chrono Cross Disc 1\Chrono Cross (USA) (Disc 1).cue...
[WARN] [Environ]: SET_MESSAGE_EXT: unhandled setting UI: psx.input.port1.gun_chairs
[WARN] [Environ]: SET_MESSAGE_EXT: unhandled setting UI: psx.input.port2.gun_chairs
[WARN] [Environ]: SET_MESSAGE_EXT: unhandled setting UI: psx.input.port3.gun_chairs
[WARN] [Environ]: SET_MESSAGE_EXT: unhandled setting UI: psx.input.port4.gun_chairs
[WARN] [Environ]: SET_MESSAGE_EXT: unhandled setting UI: psx.input.port5.gun_chairs
[WARN] [Environ]: SET_MESSAGE_EXT: unhandled setting UI: psx.input.port6.gun_chairs
[WARN] [Environ]: SET_MESSAGE_EXT: unhandled setting UI: psx.input.port7.gun_chairs
[WARN] [Environ]: SET_MESSAGE_EXT: unhandled setting UI: psx.input.port8.gun_chairs
[libretro INFO] Checking if required firmware is present...
[libretro INFO] Firmware found: C:\Users\nxjta\Desktop\Retroarch\system\scph5501.bin
[libretro INFO] Firmware SHA1: 0555C6FAE8906F3F09BAF5988F00E55F88E9F30B
[INFO] [Environ]: SET_HW_RENDER, context type: vulkan.
[INFO] Requesting Vulkan context.
[INFO] Reached end of SET_HW_RENDER.
[INFO] [Environ]: SET_HW_RENDER_CONTEXT_NEGOTIATION_INTERFACE.
[INFO] [SRAM]: Skipping SRAM load..
[INFO] Version of libretro API: 1
[INFO] Compiled against API: 1
[INFO] [Cheats]: Load game-specific cheatfile: C:\Users\nxjta\Desktop\Retroarch\cheats\Beetle PSX HW\Chrono Cross (USA) (Disc 1).cht
[INFO] [Audio]: Set audio input rate to: 44228.26 Hz.
[INFO] [Video]: Video @ fullscreen
[INFO] [Video]: Using HW render, vulkan driver forced.
[INFO] [Vulkan]: Vulkan dynamic library loaded.
[INFO] [Vulkan]: App: Beetle PSX (version 0)
[INFO] [Vulkan]: Engine: parallel-psx (version 0)
[INFO] [Vulkan]: Found vulkan context: vk_w
[INFO] [Vulkan]: Detecting screen resolution 1920x1080.
[libretro INFO] Found Vulkan GPU: NVIDIA GeForce GTX 1070 with Max-Q Design
[libretro INFO] API: 1.2.168
[libretro INFO] Driver: 466.44.0
[libretro INFO] Selected Vulkan GPU: NVIDIA GeForce GTX 1070 with Max-Q Design
[libretro INFO] GPU supports Vulkan 1.1.
[INFO] [Vulkan]: Found GPU at index 0: NVIDIA GeForce GTX 1070 with Max-Q Design
[INFO] [Vulkan]: Using GPU index 0.
[INFO] [Vulkan]: Using GPU: NVIDIA GeForce GTX 1070 with Max-Q Design
[INFO] [Vulkan]: Creating swapchain with present mode: 2
[INFO] [Vulkan]: Using swapchain size 1920 x 1080.
[INFO] [Vulkan]: Got 3 swapchain images.
[INFO] [Vulkan]: Creating swapchain with present mode: 2
[INFO] [Vulkan]: Using swapchain size 1920 x 1080.
[INFO] [Vulkan]: Got 3 swapchain images.
[INFO] [Vulkan]: Using resolution 1920x1080
[INFO] [Vulkan]: Using BGRA8888 format.
[INFO] [Vulkan]: Loading stock shader.
[WARN] [DINPUT]: Strong rumble unavailable.
[WARN] [DINPUT]: Weak rumble unavailable.
[INFO] [Joypad]: Found joypad driver: "dinput".
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Video]: Found display server: win32
[libretro INFO] num hd textures: 40283
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating shader module.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating shader module.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating shader module.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[libretro INFO] Creating shader module.
[libretro INFO] Creating descriptor set layout.
[libretro INFO] Creating pipeline layout.
[INFO] [XAudio2]: Requesting 64 ms latency, using 64 ms latency.
[INFO] [Display]: Found display driver: "vulkan".
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[INFO] [Font]: Using font rendering backend: freetype.
[libretro INFO] Controller 1: PlayStation Controller
[libretro INFO] Controller 2: PlayStation Controller
[INFO] [Playlist]: Loading history file: [C:\Users\nxjta\Desktop\Retroarch\content_history.lpl].
[INFO] [Playlist]: Loading history file: [C:\Users\nxjta\Desktop\Retroarch\content_music_history.lpl].
[INFO] [Playlist]: Loading history file: [C:\Users\nxjta\Desktop\Retroarch\content_video_history.lpl].
[INFO] [Playlist]: Loading history file: [C:\Users\nxjta\Desktop\Retroarch\content_image_history.lpl].
[INFO] [Playlist]: Loading favorites file: [C:\Users\nxjta\Desktop\Retroarch\content_favorites.lpl].
[INFO] [Vulkan]: VSync => ON
[libretro INFO] Creating render pass.
[libretro INFO] Creating render pass.
[libretro INFO] Creating render pass.
[libretro INFO] Creating render pass.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating compute pipeline.
[libretro INFO] Creating compute pipeline.
[libretro INFO] Creating render pass.
[libretro INFO] Creating render pass.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating compute pipeline.
[WARN] [Environ]: SET_MESSAGE_EXT: Slow CD image read detected: consider using async or precache CD Access Method
[libretro INFO] Creating render pass.
[libretro INFO] Creating render pass.
[libretro INFO] Creating render pass.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating render pass.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating compute pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating compute pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[libretro INFO] Creating graphics pipeline.
[INFO] [Vulkan]: VSync => ON
[ERROR] [Shaders]: Couldn't parse shader source (shader0).
**[INFO] [slang]: Compiling shader "".**
**[ERROR] [Vulkan]: Failed to compile shader: "".**
**[ERROR] [Vulkan]: Failed to create preset:** "C:\Users\nxjta\Desktop\Retroarch\shaders\shaders_slang\stereoscopic-3d\side-by-side-simple.slangp".
[ERROR] [Vulkan]: Failed to create filter chain: "C:\Users\nxjta\Desktop\Retroarch\shaders\shaders_slang\stereoscopic-3d\side-by-side-simple.slangp". Falling back to stock.
[INFO] [Config]: Saved new config to "C:\Users\nxjta\Desktop\Retroarch\retroarch.cfg".
[INFO] [Cheats]: Save game-specific cheatfile: C:\Users\nxjta\Desktop\Retroarch\cheats\Beetle PSX HW\Chrono Cross (USA) (Disc 1).cht
[INFO] [SRAM]: Saving RAM type #0 to "C:\Users\nxjta\Desktop\Retroarch\saves\Chrono Cross (USA) (Disc 1).srm".
[INFO] [SRAM]: Saved successfully to "C:\Users\nxjta\Desktop\Retroarch\saves\Chrono Cross (USA) (Disc 1).srm".
[INFO] [Core]: Content ran for a total of: 00 hours, 01 minutes, 10 seconds.
[INFO] Saving runtime log file: C:\Users\nxjta\Desktop\Retroarch\playlists\logs\Beetle PSX HW\Chrono Cross (USA) (Disc 1).lrtl
[INFO] [Core]: Unloading game..
[INFO] [Core]: Unloading core..
[INFO] [Core]: Unloading core symbols..
[INFO] [Core Options]: Saved core options file to "C:\Users\nxjta\Desktop\Retroarch\config\Beetle PSX HW\Beetle PSX HW.opt"
[INFO] [Video]: Average monitor Hz: 59.941258 Hz. (2.943 % frame time deviation, based on 2048 last samples).
[INFO] [Video]: Average monitor Hz: 59.941258 Hz. (2.943 % frame time deviation, based on 2048 last samples).