It's not just jobs on the line — AI threatens the Big Four's dominance

It’s not just jobs on the line — AI threatens the Big Four’s dominance

EY, Deloitte, KPMG, and PwC make up the Big Four. Getty Images The Big Four — Deloitte, PwC, EY, and KPMG — are a select and powerful few. They dominate the professional services industry and have done so for decades. But all empires fall eventually. Large corporations tend to merge, transform, or get replaced by the latest wave of innovative upstarts. It’s hard to see that time coming for the Big Four. With huge revenues, international reach, v…

It's not just jobs on the line — AI threatens the Big Four's dominance

EY, Deloitte, KPMG, and PwC make up the Big Four.Getty ImagesThe Big Four dominate the professional services industry.AI may disrupt not just job roles, but their organizational structure, business models, and pricing structures.Meanwhile, some midsize firms say they are better placed to adapt quickly and benefit from AI.The Big Four — Deloitte, PwC, EY, and KPMG — are a select and powerful few. They dominate the professional services industry a…

Coachability: A Defense Against Disruption - Inside Public Accounting

By: Doug Slaybaugh, The CPA Coach, and Jake Weiss, founder of Coachability Consultants  Something has been brewing in public accounting.  The industry is at a crossroads. Partner retirements, a shrinking talent pool, lack of succession, private equity investment and rapid advancements in AI are reshaping the traditional firm model. The well-established pyramid—built on a steady influx of junior staff climbing to partnership—has started to collap…

Dear AI, take my job. Just leave me the discontinuity - CEOWORLD magazine

I am a consultant, so my job is to give advice. I have a piece of advice for you. Buckle up. Stay strong. The world is about to change, completely, and it’s all because of Artificial Intelligence. The world will not be the same anymore. This piece was, actually, massaged by AI. I have been […] The post Dear AI, take my job. Just leave me the discontinuity appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023.

IT consultancy Valcon is continuing to work hard in its ambition to be a serious international challenger to the big four players Deloitte, PwC, KPMG and EY as well as Accenture. The company, which acquired Dutch private equity fund Rivean Capital as its main investor shortly before New Year's Eve last year, has had technology as a main focus as part of that ambition. Particularly within large IT transformation projects at companies that are str…