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McKinsey and other consulting firms have always been on the frontlines of hyping up any tech or management practice that comes their way. From proposing ridiculous levels of exec pay (leading to pay gap) to pushing companies to adopt any new tech, this has been the pattern.

In this case, the argument ( as it stands) is that this augments their consultants , so that they can do more “meaningful “ work. In reality, they will slow down on hiring , take on far more work with a very lean team and/or bake in prices of their proprietary LLM in all their engagements. You cannot claim to save “1000s” of hours and also “this won’t replace consultants” in the same sentence. Unless you find 1000 more hours for people , which would be opposite of why AI exist. Clients are not going to pay for both.

I think market crashing when this bubble burst is the best possible outcome, the worst would be complete collapse of white collar workforce model with nothing to replace it

So that is my take, perhaps pessimistic. But others may have brighter take

Ill just chill

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