ServiceNow CEO: Graduate Unemployment Could Reach 30% Because of AI Agents
ServiceNow CEO Bill McDermott didn’t mince words on CNBC last week. Asked about the impact of AI agents on the workforce, he said graduate unemployment “could easily go into the mid-30s in the next couple of years.” That’s a striking statement from the head of a $200 billion enterprise software company that sells AI-powered automation to the same enterprises that hire those graduates. It’s also, increasingly, not a fringe view. ...