AI agents could easily send college grad unemployment over 30%, ServiceNow CEO says
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By Samantha Subin
Published on March 13, 2026.
ServiceNow CEO, Bill McDermott, has warned that the adoption of artificial intelligence could lead to significant job struggles for entry-level workers as companies increase productivity and reduce hiring costs. This could result in unemployment for new college graduates in the mid-30s, according to McDermott. The company has already removed 90% of use cases previously relied on humans in customer service, allowing it to maintain headcount while increasing productivity.
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