Why KPMG's head of AI strategy isn't worried consultants will become obsolete

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KPMG US expects it will need more people as it looks for its employees to work more with AI.

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KPMG is making a $2 billion bet on AI. It's another example of big changes that are coming to the workplace.

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KPMG is investing $2 billion over five years in a partnership with Microsoft through which the companies plan to jointly develop AI tools, the companies said.

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Consulting firms like Accenture are giving recent grads $25,000 stipends to push back their start dates

Tech Insider : Economy
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Some undergraduates who were set to work at consulting firms after graduation are seeing their start dates pushed back amid a business slowdown.

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There's a risk the Fed fuels an economic slump as a credit crunch will worsen the impact of its war on inflation, KPMG's chief economist says

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There's a risk the Federal Reserve's war on inflation makes a potential US economic slump worse, KPMG's chief economist Diane Swonk has warned.

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US house prices may tumble another 8% this year as homebuyers feel the squeeze, KPMG says

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US house prices are likely to fall further this year, KPMG says.

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A shortage of accountants is pushing the industry to reboot its image to win over young talent: 'You have to sell them'

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"We're the referees of business," Steven Kachelmeier, the chair of the accounting department at the University of Texas, said.

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