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Consulting firms are going to be hard hit by AI. [1] It will make them more efficient, but so many potential clients will be able to gather the needed data, cru
by apparent 1y ago
Consulting firms are going to be hard hit by AI. [1] It will make them more efficient, but so many potential clients will be able to gather the needed data, crunch the numbers, and write up analyses by themselves. And if they do still use outside consultants, they'll expect the prices to go down since they know that an army of junior consultants won't be necessary to build all the models.
1: https://www.ft.com/content/68011c4a-8add-4ac5-b30b-b4127aee40ba https://www.ft.com/content/68011c4a-8add-4ac5-b30b-b4127aee4...