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As someone who does consulting work in blockchain, this makes sense to me for a few reasons.
1 - As an advisor and outsider, it's often culturally acceptable for me to question things that cause major social divisions if the people at the company ask.
2 - I don't have a profit incentive to talk my own division and book so I can often think at the total corporate level
3 - I often have experience and info the people inside the company don't
4 - I can often reveal internal bad actors / liars / people playing negative sum political games to leadership
Those are all value added and non-nihilistic.
The problem is how do you determine which consultants are actually experts?
Also: even the hire the consultant to stamp a hard decision we want to make might not be a bad function. Leadership is more effective when they are not hated so paying me to get thrown under the bus on something they need to do but don't want to tell a bunch of employees they suck (and make it my job to do that) might be economically optimal if you understand most decisions are emotional first and rational second for people about money and work.

28.7.2025
Companies that hire consulting firms see large increases in labor productivity and also large increases of wages, with no decline in labor share or value added.
It seems like a lot of the more nihilist theories of why companies hire consultants are not true on average!
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