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The Nexus
BUSINESSJun 21 · 13:05 UTCBUSINESS INSIDERLakshmi Varanasi ([email protected])

'Shark Tank' investor Kevin O'Leary says the companies he backs are skipping consultants and going straight to AI

Kevin O'Leary, a 'Shark Tank' investor, claims companies he backs are replacing consultants with AI for tasks like retail distribution strategy. Consulting firms are adapting by integrating AI tools and services, but O'Leary argues long-term consulting careers risk stagnation. Firms like McKinsey, BCG, and Accenture report significant AI-related work in their practices.

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