Will AI deck tools like Gamma replace management consultants' work?

Short answer: Jordan Metzner says the time consultants spend making decks will go to zero, and a litigation attorney told him his firm is hiring fewer data researchers because ChatGPT and other AI tools handle case research.

Watch this answer from Episode 10

Watch this answer from Episode 10 (starts at 21:07) · Episode 10 notes and transcript

What was said on Built This Week

From Episode 10: Future in Focus: AI Tools & Big Tech, starting at 21:07.

Sam Nadler [21:06]: So with the power of AI in general with LLMs and their ability to, analyze data and, research and Gamma's ability to create PowerPoint decks. What is the future for management consultants?

Jordan Metzner [21:23]: Yeah. I mean, I'm not an expert in the management consultant space, but, I mean, the time they take to make decks is definitely gonna go down to zero. Right? And so, if that's a significant amount of time, that's gonna go away. Hopefully, at least their research and other parts of the job may be still important. But, again, ChatGPT is an amazing researcher. Just a small anecdote here, I spoke with a trial attorney, a litigation attorney over the weekend. And, one of the things he told me is that the firm is is lowering their hiring in data researchers, mostly because, they're able to leverage something like ChatGPT and other AI tools so they can do research on cases. It's kind of changed their perspective on hiring future candidates into the firm. It's it's affecting all types of industries in all different ways. But, yeah, I think Gamma is just one of those tools that, may have a big impact on management consulting. Or how about education? Right? Or schools or, presentations for kids and college and yeah. I mean, even in the VC world of, just creating your kind of 12 page slide deck.

Jordan Metzner [22:25]: Yeah.

Sam Nadler [22:25]: Yeah. I think I they actually have a pitch deck as a template. Like, you can choose from preexisting templates and just run with it. I think they have, 20 different templates from sales deck, onboarding, new employee deck. I don't recall all of them, but there was, over a dozen easily. Alright, Jordan. Well, any last thoughts? We've, covered our tool. We covered Gamma. We covered some AI news. Any last thoughts before we wrap up this last episode?

Jordan Metzner [22:54]: Yeah. We're coming towards the end of the summer. We've got Labor Day coming up next week. It's just, shows how incredible the AI space is with all of these summer launches. We're continuing to see new product launches from kind of all the top major AI studios. Usually, you'd expect to see kind of a calm summertime, but that's not what we're seeing at all. So I think post Labor Day, I think we're gonna see more announcements, probably see, some newer updates, newer LLM models, probably from all the top studios, and hopefully some new products and things that we could build and bring to all of our fans here at Built This Week. So thanks so much, Sam. This was an awesome episode, and looking forward to catching up next week again. Let's talk next week. Yeah. Don't forget to like and subscribe. Check us out at builtthisweek.com or on YouTube, Spotify, Apple Podcasts, all your favorite podcasts. Don't forget to like and subscribe. Built This Week.

Jordan Metzner [23:47]: Check us out. Thanks, Sam. Have a good one.

Sam Nadler [23:49]: Thanks, Jordan. Happy Labor Day. Bye.

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