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An internal Deloitte presentation projects that the consulting industry's classic hourly billing model will shrink to a thin sliver of the total market by 2035, replaced by AI agents. "Our model is toast," one consultant summed up the message. McKinsey and BCG are already searching for alternative revenue models.
The article Deloitte tells its own consultants: AI is coming for the billable hour appeared first on The Decoder.
<p>Meta is entering the increasingly competitive real-time speech-to-text market with Muse Voice Transcribe, a new audio perception model that combines streaming transcription, endpoint detectio [...]