AI Automation Threatens Multi-Million Dollar Consulting Industry as Clients Ditch Human Analysts
Summary
Major corporations abandon multi-million dollar consulting contracts as AI automation replaces expensive human analysts from McKinsey, Deloitte, and Accenture, forcing the entire consulting industry to reinvent itself or face obsolescence.
Key Points
- AI technology is rapidly disrupting the consulting industry by automating tasks that previously required expensive human analysts and packaged knowledge from major firms like McKinsey, Deloitte, and Accenture
- Large corporate clients are discovering that consulting projects costing millions of dollars can now be solved through artificial intelligence automation, threatening the traditional billable hours business model
- The normalization of AI threatens to eliminate the perceived added value that consulting firms have offered for decades, forcing the industry to fundamentally reinvent their approach to remain competitive