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Key Takeaways
The professional services industry is undergoing significant transformation driven by generative AI (GenAI), which is reshaping traditional business models.GenAI is accelerating the automation of routine tasks, freeing professionals to focus on more strategic, creative, and high-value work.The “up-or-out” model, once a staple in professional services, is becoming obsolete as AI democratizes access to expertise across all levels of the hierarchy.AI-powered tools are enhancing decision-making, allowing for quicker and more accurate insights in legal, accounting, consulting, and engineering…
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