Management consultants are waking up to an uncomfortable reality: increasing numbers of their competitors are using AI to access knowledge bases and accelerate the review documents and data as well as the preparation of proposals, reports and presentations. Some estimates suggest that 50% or more of the consulting industry could disappear by 2030 as a direct result of AI-driven efficiencies and automation.
At Qatalyst Research Group, we’ve been immersed in this transformation: integrating AI across our operations, building proprietary tools, and studying AI’s broader market impact. This blog post - the first in a two-part series - shares what we’ve learned about the threat AI poses to consulting firms.