What happens to service/consultancy type companies in 10-15 years?

With some much advancement of AI, what happens to IT Services as a business in say 15 years.

With big corporate giants like Google, Apple, Bain, Tesla, Amazon etc. laying off staff in the name of cost reduction, automation&innovation and restructuring while at the same time tech companies like Accenture not awarding any yearly hikes to professionals for 2 consecutive years now, where do you see the IT/Tech/Consulting industry heading towards in next couple years down the line? By when is the market expected to revive? Which companies are still committed to ensuring job security along with high pay standards or is that a thing of the past? Please enlighten me😊

I am planning to shut down my IT services company after 5 years of operations. The journey has been bitter-sweet but it is becoming unsustainable and putting me under a great amount of duress. I have been a trained ML engineer but since my startup have gone on to taking up mostly non-programming roles/ work. I have tried getting back to development role but have not been able to get back in the same stride as I used to. Lately, I’ve been picking up some consulting work as a Software Architect. Basis, that info, need some advice on how I can plan my professional journey ahead.

Give perspectives for a fresher

I feel at the pace AI is advancing, most of us will be unemployed. The uncertainty is making me anxious, any help appreciated :)

currently I work in an ai consulting company (<40 folks) with 20+ lpa salary. recently I got an offer from a big mnc bank for around 15% hike on my total ctc. I informed my current org yesterday and they have countered me with a 20% hike now. I am confused on what to choose. ps: I have ~5 yoe.

My fellow engineers this chatgpt may not replace but it will surely reduce no of Software engineer. A project deadline was missed and project manager called team(10people) and infront of them he completed the project not alone but taking help of chatgpt and 4 of 10. "So u see 6 can be replaced anyday" he told . Your bro being intern was just mute spectator but inside fati to mere bhi thi. So guys use chatgpt otherwise someone will replace u by using chatgpt

Consulting companies are big winners of the AI boom as companies pour money into AI projects. 20% of BCG's revenue is now AI related while McKinsey is at 40%. Accenture made $300M last year while IBM did $1B in AI consulting revenue.

Because AI will do it better and faster than you sooner or later. Looking at you consultants 👀 https://x.com/lennysan/status/1810686158201901488?t=2o5TlDoFMnuuAu2WmTwlZQ&s=19