I'm sure the same applies to certain security consulting.
This is a great catch by Matt Levine.
KPMG is trying to force its auditor to accept less money, since accounting work can be significantly automated by AI.
But KMPG ... makes money ... from accounting. So this looks like a company accidentally announcing to the world that its business model is under attack.
Matt: "'Auditing can basically be done by Al so why should we pay for it?' is not a crazy thing for most companies to think, or to say to their auditors. But it is a crazy thing for an auditing firm to say to its auditor."