The Impact of Artificial Intelligence on the Consulting Industry: Challenges and Opportunities

2023-09-18 07:15:39

By Claudia Cohen

Published 4 hours ago, Updated 16 minutes ago

“A significant part of the work that is done today by juniors will be automated,” anticipates Gianmarco Monsellato, president of Deloitte France (photo illustration). 276831752/sebra – stock.adobe.com

SURVEY – In large firms, managers expect consulting to move upmarket. Which might accelerate the concentration of the sector.

“I was told, to summarize, that ChatGPT might do my job, albeit less well but at a lower cost. And then, I was kindly thanked,” tell the Figaro Laura, a young consultant. At the start of the 2023 school year, the mission of this Edhec graduate within the head office of a large French bank was ultimately not renewed, due to lack of added value…

Faced with the generative artificial intelligence (AI) revolution, a deep feeling of worry and anguish began to settle in the corridors of his Parisian consulting firm where two other collaborators saw their mission in the world of finance and insurance suddenly stopped. Because, over the course of the development of these technological tools accessible in recent months to businesses and the general public, research and the synthesis of information are becoming a commodity, promising to revolutionize the future of the consulting industry. And to strike down, in their path, some of…

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#disrupting #consulting #profession

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