The threat of artificial intelligence taking away many jobs previously conducted by humans is real, and reports are now emerging daily that show how the new technology is changing the workforce.
One job in particular that has been cited by various reports as under threat of being replaced by AI is that of an analyst. A new report by The Wall Street Journal revealed that global consulting firm McKinsey is going through an ‘existential transformation’ since artificial intelligence can now do the bulk of the work done by the firm’s highly paid consultants within minutes.
Artificial intelligence is being seen as such a big threat inside the company that it is reportedly a topic of conversation at every meeting of its board, and it has also changed how the company works with clients, how it hires, and even what projects it takes on.
Bob Sternfels, McKinsey’s global managing partner, told the Journal that the company is rapidly deploying thousands…
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