Science & Technology

McKinsey Sees AI Stimulates Consulting

McKinsey & Co. currently records an increase in the number of clients who are interested in projects related to the use of artificial intelligence.

McKinsey Sees AI Stimulates Consulting

The mentioned consulting company notes that the rapid implementation of the specified advanced technology helps it and its colleagues increase revenues after the period of the downturn.

Currently, about 40% of McKinsey & Co.’s client projects are related to artificial intelligence. The corresponding statement was made by Rodney Zemmel, senior partner and head of the firm’s digital business while communicating with media representatives. At the same time, he did not specify information about the financial results of the tendency related to customer demand for projects involving the use of artificial intelligence.

Rodney Zemmel also stated that, in his opinion, the long- and medium-term economic consequences of the demand for AI are quite real. He was a final candidate in the recent global managing partner leadership elections at the firm. The relevant information was published by the media, referring to insiders who are aware of the internal processes of McKinsey & Co. These insiders used the right of anonymity.

It is worth noting that during the period of active development, dissemination, and implementation of artificial intelligence, the issue of cybersecurity is becoming more relevant and sensitive. Fraudsters also have access to AI and can use this advanced technology for their criminal purposes. In the context of the relevant problem, one of the counteraction tools is the personal awareness of users. For example, a query in an Internet search engine, such as how to know if my camera is hacked, will allow anyone to get information about signs of unauthorized access to the device.

Serhii Mikhailov

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Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.