Accenture had its worst stock day ever on fears AI is eating consulting. Hours earlier, it spent $4.18bn trying to escape that.

Accenture had the worst day in its history on the stock market on Thursday, and the reason cuts to the heart of the AI era: investors increasingly fear that AI will hollow out the consulting business itself. Shares fell as much as 20 per cent, the company’s worst one-day drop on record, after it forecast […]

This story continues at The Next Web

1. Homepage
2. Technology
3. Accenture had its worst stock day ever on fears AI is eating consulting. Hours earlier, it spent $4.18bn trying to escape that.