Accenture shares fall to lowest since 2017 as AI threat mounts (ft.com)

It is either going to Palantir or the Saaspocalypse - a bs. industry is finally facing its reckoning.

Consulting firms will shrink, no doubt. Question is rather by what degree and that would depend on how much of their project inflow can actually be automated away. Perhaps strategic consulting is well positioned. They shine in situations that weren't anticipated like the chip shortage during covid. Automotive companies were scrambling to secure capacity allocations and they needed someone with relationships on the ground. Essentially lots of emotional work at the end. When stakes are high and trust is essential, human-to-human is still what counts.