This episode provides an overview of an "AI First Manifesto" that envisions advancement in the consulting field that is predominantly driven by AI. The key points are:
- Human expertise and judgment remain the most critical aspects even though AI performs most of the research as a 'superpowered research assistant,' doing all the heavy lifting of data and trying to justify insights.
- Acceptance of a new practice whereby every engagement is approached with an AI-First off the shelf and all the solutions are translated into an AI perspective evaluation.
- A core ideology is using AI for ethical profiles, such as maintaining client data privacy.
- Clients are to be informed of how and in what ways social media advertising will be used to help earn their trust. •
- It allows consultants to spend more time on strategic aspects that deliver greater value to the client and enhance the client relationship. • Instead of traditional hourly billing, consultants should begin charging based on value knitted to definite outcomes post-engagement.
- To stay ahead of the competition, consultants must constantly learn new things and improve their skills in artificial intelligence and its importance in healthcare insurance.