Can AI Give Better Advice Than Management Consultants?

The first management consulting firm was formed in 1886 by Arthur D. Little, with the intent of providing technical research and "management engineering" to companies. Soon after, in 1926, McKinsey & Company was founded. Since then, McKinsey, along with several other management consulting giants including BCG and Bain have grown to form a $145 billion industry that serves clients in almost every sector imaginable. As a McKinsey alum who has since developed an artificial intelligence (AI)-powered expert network, I am interested in examining the management consulting market in the context of our rapidly evolving information sourcing ecosystem. In an age where information is cheap, what is the role of the management consultant?