ServiceNow CEO: AI Could Push Grad Jobless Rate Above 30%
AI adoption leads 39% of firms to cut junior roles and ServiceNow's CEO warns graduate unemployment may exceed 30% as routine tasks get automated.
4 Articles
4 Articles
ServiceNow boss warns AI could push grad unemployment past 30%
McDermott argues digital workers will handle much of the grunt work once used to train junior staff Unemployment rates among recent graduates could climb above 30 percent because so many early career routine tasks will be performed by AI agents, ServiceNow CEO Bill McDermott has said. . . .
ServiceNow CEO Predicts 30% College Grad Unemployment Due to AI
ServiceNow’s CEO is warning that college graduates could struggle to find work due to artificial intelligence. Unemployment for new college graduates “could easily go into the mid-30s in the next couple of years,” Bill McDermott, whose company offers an AI platform for employers, said in an interview Friday (March 13) with CNBC. “So much of the work is going to be done by agents,” So it’s going to be challenging for young people to dif…
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