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Top consulting firms right there!!
Rising Star
Accenture IBB Consultant salary range?
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Just wait... once you start seeing offers for 10% of enterprise value....
There is no IP anymore, just buying parts at a junkyard.
I’m sorry but if they can be replaced by publicly available AI such that literally no employees are needed anymore then this wasn’t a serious company to begin with.
It is just amazing to actually see a business model no longer work like it fell off a cliff.
Rising Star
If he is reaching out to a manager for acquisition, he is in shitty situation. No offense
Lol no he reached out to our ceo. And it got fed to me to do some ad hoc work on the company.
We are about to see industry black holes popping up.
Software will be interesting because a lot of it can be recreated easily now, but there will be an increasing problem with a lot of tools out there any many being poorly maintained or abandoned. I think there will still be some value in companies that provide consistency and respond to feedback, but the margins are going to be lower.
Nailed it Deloitte 1 - I thought AI couldn't code either, but that was based on attempts six months ago. We can't even comprehend the speed this is moving. Six months is like ten years.
Rising Star
I gave an example recently of a personal experience. To restate, I run a mid-sized nonprofit. With significant assistance from AI, I created a feasibility study and capital campaign plan that a similar nonprofit recently paid consultants over $100,000 to complete. There are no qualifications here. It’s a concrete example of me being capable of developing a sophisticated fundraising campaign that has almost always involved consultants. I’ve used it to write grants, so I don’t need an in-house grant writer or paid consultant and, candidly, the quality is excellent because I can feed in the written grant criteria and ensure the application is perfectly aligned. We (technology) are very close to a real executive assistant - 18 to 24 months - which will let me eliminate or reassign a staff position. I know I’m just a dinky little nonprofit in a MCOL city but do you see the extrapolation?
NZ1 they have robots for those things now too 😉
Yeah, the fuel of the SaaSpocalypse is not necessarily that any joe schmo can recreate Palantir or ServiceNow from the ground up, it's that any new software design you roll out can be replicated nearly instantaneously by your competitors.
Enduring competitive advantage justifying high subscription fees is evaporating overnight and AI will also significantly decrease switching costs as well. Just check out Anthropic rolling out the capability to import your memory file from OpenAI into Claude just this weekend to take advantage of all the people suddenly looking to switch.
Ya its that winner take all, and the biggest right now are likely to stay the winners. And anyone who is like mid-size is going to get wiped.
Unit economics are going to break, blended CAC goes up and then these companies cant afford the marketing budget to turn it around. And any investment in product no longer produces the same yield.