Will AI replace it risk consultants?

Why AI struggles to replace this job

• AI cannot determine the 'risk appetite' of a company's leadership, which is often based on gut feeling and vision.
• Consultants must synthesize information from disparate, non-digitized sources like office culture and morale.
• AI cannot provide the 'trusted advisor' relationship that executives rely on when making high-risk decisions.
• Risk management often involves anticipating 'black swan' events that lack historical data for AI to learn from.

Tasks AI could automate

• Calculating the statistical probability of various cybersecurity threat scenarios.
• Generating heat maps and dashboards to visualize known organizational risks.
• Scanning internal networks for known vulnerabilities and unpatched software.
• Performing quantitative analysis on the financial impact of potential data breaches.

The 10-year outlook

Strong growth is expected as cyber threats become more sophisticated. Consultants will increasingly focus on AI-specific risks, helping companies govern the very tools that might automate other jobs.

Common questions