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 ai-powered existential crisis


Management Consulting's AI-powered Existential Crisis

#artificialintelligence

Smart technology is as much a threat to strategy consulting as it is proving to be to Wall Street. This article is part of an MIT SMR initiative exploring how technology is reshaping the practice of management. We all understand that AI is a disruptive force in the market, but it still takes some convincing for many of us to accept just how deeply AI will affect even highly skilled knowledge-based industries. Management consulting offers a prime example. A $250 billion industry filled with some of the smartest people on the planet, consulting tends to view itself as an elite, untouchable echelon of the business world. But it is vulnerable to the same market forces that are disrupting services everywhere.