Winston Weinberg

There's so many new pieces of work for professional services that my gut is that's not what's going to happen.

In fact, I think what's going to happen is the professional services market is going to actually keep growing at the same as GDP.

One way to think about this is most professional services is cyclical.

If you have a really good year, professional services have a really good year.

That's almost always how it works.

Other than bankruptcy and litigation is somewhat counter-cyclical, it depends on the area.

I think people think about this and they're like, oh, wow, AI is going to impact legal and it's going to just destroy all these jobs.

The thing they aren't thinking about is all of their customers are using AI to create more products.

What happens when you create more products?

You need more product to legal advice.

What happens when you're expanding into other countries faster?

What do you need?

Regulatory advice, right?

And so I think people are thinking about AI in all of these industries as like a vacuum.

And the reality is you should think about AI as like the entire economy, what's going to happen.

And probably what's going to happen is the economy is going to explode.

These companies are going to have crazy expectations for what they can do.

And the professional service providers are going to have to respond to that.

I don't think it'll be this year.

I think there will be bumps.