AI pressures consulting billable hours and graduate hiring
Overview
KPMG's Svilena Tzekova says AI has made consulting advice widely accessible, so the business of selling advice is shrinking.
She says firms are still working out outcome-based pricing as an alternative to billing by hours. EY's Paul Goodhew says AI can now do the first preparation of the manual checking work that junior auditors have traditionally performed.
Written by AI from the articles below · updated Nov 12, 4:21 AM ET
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- CNBC · TechnologyNewsAI is squeezing consulting's billable hours and graduate hiring model
AIKPMG's Svilena Tzekova says AI has made consulting advice widely accessible, so the business of selling advice is shrinking. Firms are still working out outcome-based pricing, and EY's Paul Goodhew says AI can now do the first preparation of junior auditors' manual checking work.
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