Automation is thinning the ranks of junior consultants while forcing firms to bet on senior expertise, outcomes and adaptability. Davide Bonaldo/SOPA Images/LightRocket via Getty Images

The rapid spread of A.I. is starting to reshape the consulting industry, and not without pain. The technology can now handle many of the tasks once assigned to junior, entry-level consultants—often faster, cheaper and more accurately. As a result, A.I. has been linked to thousands of planned job cuts at consulting giant McKinsey & Company, as well as frozen starting wages at several major firms.

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