The Deflationary Storm For Lawyers And Consultants скачать в хорошем качестве

The Deflationary Storm For Lawyers And Consultants

In this video I talk about the future of work for lawyers, consultants and software engineers. The billable hour of a lawyer or a consultant was never about time. It was about scarcity, the scarcity of trained minds capable of doing work that mattered. AI doesn't make knowledge workers faster. It makes them less rare. And when scarcity evaporates, so does price. When AI can perform 80% of junior-level tasks at near-zero marginal cost, the entire economic architecture of “professional leverage” erodes. You cannot bill $400 an hour for work that a machine performs in seconds. Or rather: you can, but only until your competitor stops doing so. And someone always stops first. The implications cascade upward: For law firms: The billable hour becomes indefensible when “hours worked” is no longer a proxy for value created. How do you justify a time-based invoice when the AI drafted the contract in six seconds? For consultancies: The research-and-PowerPoint machine that justified huge amounts of analysts becomes obsolete. What remains is judgment, but judgment is difficult to meter and harder still to sell. For software firms: The entire premise of “development time” dissolves when AI can generate, test, and refactor code in the space between your keystrokes. The client no longer needs your team; they need your architecture—and perhaps not even that. The main questions, which is explained in the video, is: If AI replaces the basic work in law or consultant companies, where does wisdom come from, which the CEOs of that firms need, to negotiate the detailed contracts with their clients? Read more about this with links and references: https://www.thehumandatum.com/the-def...