Deloitte Predicts Shift from Hourly Billing Model by 2035 Due to AI

Deloitte has informed its consultants that the traditional hourly billing model is likely to become obsolete by 2035 due to advancements in AI. A consultant summarized the internal message with the phrase, “Our model is toast.” This shift is expected to impact not only Deloitte but also competitors like McKinsey and BCG, who may face similar pressures to adapt their billing practices. As AI continues to evolve, consulting firms will need to rethink their pricing strategies to remain competitive, marking a significant change in how consulting services are delivered. This follows ongoing discussions about the limitations of traditional models in the context of AI’s growing capabilities, as highlighted in previous coverage by The Decoder.