They'll wait until on-prem LLM's can be done relatively cheaply/easily. The potential ramifications of a data breach would be staggering for a consulting firm.

Although it would be interesting to see what would happen if every client sued the firm at once.

I doubt they will have the competency to do on-prem competitive LLM anytime soon. They can use the Azure OpenAI service which I think offers better enterprise peace of mind.

They'll have the competency to try. Unless their tech org has changed a lot, in fact, I can just about guarantee they'll burn a lot of money trying (and failing, by having approached the whole thing all wrong from the outset).

Seems plausible that interacting with clients could be done by GPT too, with no reduction in value delivered.

Ok but you could have GPT on the client-side too.

This is the way

The LLM is quite far away from even being able to shake client's hands though. I doubt any consultancy work involving large money can be 100% virtual.

“ You only need the public facing folks who interact with clients, the other stuff could be done/accelerated by LLMs mostly.”

Maybe the unemployed people they always find on the street to do the actual project work are cheaper than LLM?

The LLM will have no overheads though, and will be much faster. Many advantages over and above just cost.

If it was the case, and it isn't, people would use the LLMs themselves and not pay top dollar for an intern to copy their question in chat gbt

Right, a lot of roles in consulting are political, the LLM isn't going to play politics. Companies aren't going to replace consultants with LLMs for their slide decks and advice, because the service the consultants are offering is persuasion.

I mean, the LLM is happy to give you the answer you told it you wanted in the first place, with lots of flowery language and justifications. We're really in core LLM competencies here.

But, sure, the customer can't _know_ it's just an LLM or it's not going to work -- what are they even paying for then?

But really, secretly replacing all consultants with an LLM seems just so perfect for these folks, whose "consulting" was already at the level of quality of an LLM regurgitating what everyone else is saying but making it sound pretty and customized to you. An LLM is _perfect_ for what this industry delivers.