McKinsey Plans to Focus on AI Consulting by 2024

According to a report by Business Insider, the prestigious consulting firm McKinsey & Company aims to make artificial intelligence (AI) a core part of its business by 2024. The firm has recognized the growing importance of AI in various industries and plans to capitalize on this trend by offering specialized AI consulting services. McKinsey intends to train its consultants extensively in AI technologies, enabling them to provide expert guidance to clients seeking to implement AI solutions. The firm’s goal is to become a leading authority in AI consulting, helping organizations across sectors leverage the power of AI to drive innovation, optimize operations, and gain a competitive edge. By 2024, McKinsey expects AI consulting to be a significant revenue stream, reflecting the increasing demand for AI expertise in the business world. The firm’s strategic shift towards AI consulting aligns with the rapid advancements in AI and its widespread adoption across industries.

Source: https://www.businessinsider.com/mckinsey-ai-consulting-focus-future-2024-6