Accenture's crash shows the consultancy racket is finished

j45

Some forms of consulting are definitely going away to give way to new ones.

Havoc

Certainly a plausible thesis but like all the other industries blaming staff reductions on AI this needs a bit more evidence imo. I also suspect that there will be quite a large market AI implementation. Easy enough to find somehow that knows what RAG is but I can see plenty companies needing external help to apply it to their business challenges

mkrishnan

Instead of 2 project managers, 10 engineers, 2 qa, we need one manager, 2 developers and clade code. what's it. 5x reduction in billing and huge uncertainty (because clients can easily switch consultancies now or clients themself can manage the operations after initial implementation)