Curated and analyzed by the JobGoneToAI team. Original reporting by pymnts.com.
ServiceNow CEO Warns of 30% Unemployment for College Graduates Due to AI
— pymnts.com
Key Takeaway
ServiceNow's CEO warns that college graduates may face unemployment rates as high as 30% due to AI advancements. The report highlights the impact of AI on white-collar jobs and the challenges new graduates will face in the job market.
From the Original Report
ServiceNow CEO Predicts 30% College Grad Unemployment Due to AI By PYMNTS | March 15, 2026 Share: --> | ServiceNow’s CEO is warning that college graduates could struggle to find work due to artificial intelligence.
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yes Subscribe to our daily newsletter, PYMNTS Today.
By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .
Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 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.
This is an excerpt. Read the full article at pymnts.com.
Original Source
Read original reporting at pymnts.comJobGoneToAI curates, verifies, and adds original analysis to third-party reporting. We link to the original source so you can verify the facts yourself.
Related Stories
AI Eating Itself: How AI Companies Cut Costs Using Their Own Tools
Meta, Anthropic, and other AI companies are using their own AI tools to automate internal operations and eliminate jobs. The irony: AI builders cutting costs by replacing their own workers.
The Skills Gap Widening: AI Specialists in Demand, Adjacent Roles Disappearing
While tech companies cut 50,000+ jobs, AI specialists remain in desperate demand with a 3.2:1 shortage ratio. But training programs can't keep up, creating a widening skills chasm between AI experts and everyone else.
Q1 2026: 39,000+ Tech Jobs Lost in 3 Months
An unprecedented 39,000 to 51,000 tech jobs were eliminated in Q1 2026. Our data-driven analysis breaks down the geography, companies, and job functions hit hardest by this wave of AI-driven layoffs.