The world of consulting is on the brink of a revolution. With the rapid advancement of AI technology, consulting firms like McKinsey are facing an existential threat. According to a recent article in The Wall Street Journal, McKinsey is scrambling to adapt to the changing landscape by investing heavily in AI strategy. But what does this mean for the future of consulting? Will AI replace human consultants, or will it augment their abilities?
As AI continues to improve, it’s likely that many tasks currently performed by consultants will be automated. This could lead to significant job losses, but it could also free up human consultants to focus on higher-level tasks that require creativity, empathy, and strategic thinking.
McKinsey’s move to invest in AI strategy is a smart one, but it’s only the beginning. The firm will need to continue to innovate and adapt to stay ahead of the curve. And as AI becomes more pervasive, consultants will need to develop new skills to remain relevant.
The question is, are you ready for the AI revolution in consulting?