Will generative artificial intelligence (finally) spell the end of the billable hour?

Lenders consider your income, existing debt obligations, and debt-to-income ratio when evaluating your ability to repay the loan. Lenders typically require a good credit score for favorable loan terms. The exact score needed varies depending on the type of loan.

Will generative artificial intelligence (finally) spell the end of the billable hour?

In conclusion, while generative AI may contribute to changes in billing practices, the complete elimination of the billable hour is unlikely to happen overnight. It will likely be a gradual evolution influenced by various factors beyond just technological advancements.