ServiceNow CEO Bill McDermott warned that the rapid adoption of AI tools could drive unemployment for recent college graduates into the mid-30% range within the next few years, as AI increasingly automates tasks previously done by humans. Companies are already cutting jobs and slowing hiring to boost productivity with AI, with tech leaders like Amazon’s Andy Jassy planning workforce reductions aided by these technologies.
https://www.cnbc.com/2026/03/13/software-ai-agents-college-graduate-unemployment.html