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It’s already starting. A lot of firms I’ve seen are hiring fewer entry-level analysts and instead want mid-level folks who can prompt, automate, and clean up outputs. If you're upskilling in Python and Power BI, you're on the right track, those are becoming table stakes.

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Those are easy pickings for AI to replace

Second Consultant 1, also wonder what are the other toolkits that will be helpful

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Probably won’t lower salaries - will just raise the stakes by reducing the slots.

We will still need really smart young folks - which we need to be able to attract away from other industries. We are just going to need fewer of them.

I work for a very small boutique firm (<100), and we are absolutely incorporating AI into core workflows to enhance productivity and reduce staffing needs (note: no current plans to reduce headcount)

AI tools we’ve developed are primarily designed to automate tasks mostly performed by junior folks

Yes

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