ServiceNow CEO Sees Young College Grad Unemployment Rising Due to AI Agents -- Market Talk
Dow Jones00:58
1258 ET - ServiceNow CEO Bill McDermott says the rise of AI agents could upend the job market, forecasting unemployment could reach a mid-30% rate for young college graduates in the next couple of years. "I think it's very natural to be concerned about jobs," he says during an appearance on CNBC. "So much of the work is going to be done by agents, so it's going to be challenging for young people to differentiate themselves in a corporate environment." Between now and 2030, companies will take on about three billion agents, he says. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
March 13, 2026 12:58 ET (16:58 GMT)
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