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DeepNewz, mobile.
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The consulting industry is experiencing significant changes due to the integration of AI technologies like ChatGPT. A senior partner at McKinsey highlighted that junior team members are now expected to produce presentations much faster, and pitches for new business include what used to be final work products. Despite concerns about clients paying millions for AI-generated content, some experts believe this will make consulting firms more valuable as they help businesses adopt AI. The use of AI tools is compared to the introduction of Excel, which increased efficiency and client demands for more complex models and analyses. While some argue that consulting isn't dead, the industry is evolving with AI playing a crucial role.
Consulting isn't dead, but we should kill presentation decks (that can be built by AIs). https://t.co/tBqCwiVrBU
No, consulting isn't dead (current systems won't kill it), and clients aren't merely paying for ChatGPT. The discourse around consulting is largely driven by resentment and poor intuition. https://t.co/xfrdXL5LaJ
When consultants got access to Excel, calculations were no longer done by hand, a major efficiency. Consulting didn’t die. Their clients demanded more models, more sensitivities, more slides. Clients want the best work, which means using the best available tools, today aka AI. https://t.co/BVd9ZJG7fi
