News Summary

• Large language models can now do in the blink of an eye what it used to take a team of McKinsey consultants months to achieve.
• The value of consulting is not in the answer it provides to client’s questions, but in its ability to enable organizations to apply those answers to achieve new or different results.
• AI is likely to be a tremendous aid to the process of creating and delivering value to clients, but it lacks the relationships, prestige, and persuasiveness of a high-quality consulting firm.