ServiceNow CEO delivers a troubling AI warning to new grads [Yahoo! Finance]
ServiceNow, Inc. (NOW)
Last servicenow, inc. earnings: 4/29 04:10 pm
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Source: Yahoo! Finance
years" as AI agents take over the entry-level work that young professionals have traditionally relied on to start their careers, the CEO of ServiceNow ( NOW ) told CNBC on Friday, March 13. That would be a roughly six-fold jump from where things stand today. The Federal Reserve Bank of New York put the unemployment rate for recent college graduates at about 5.7% at the end of 2025. The underemployment rate was even more alarming at 42.5%, the highest level since 2020. "So much of the work is going to be done by agents," McDermott said on "Squawk on the Street." "So it's going to be challenging for young people to differentiate themselves in the corporate environment." The AI threat to entry-level work is not a distant warning McDermott was not speaking in hypotheticals. His own company is Exhibit A. ServiceNow has already eliminated 90% of the customer service use cases that once required human workers. Businesses using the platform can maintain the same headcount while gr
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News
- How ServiceNow uses internal AI pilots to launch successful customer tools [Business Insider]Business Insider
- ServiceNow Cohesity Alliance Targets Resilient AI Agents And Stickier Enterprise Workflows [Yahoo! Finance]Yahoo! Finance
- ServiceNow (NOW) Gets Upgraded to Outperform From Neutral by BNP Paribas – Here's Why [Yahoo! Finance]Yahoo! Finance
- Why Intuit says it is insulated from AI disruption [Yahoo! Finance]Yahoo! Finance
- Why The Capita (LSE:CPI) Story Is Shifting Toward Execution Risk And Fair Value Caution [Yahoo! Finance]Yahoo! Finance
NOW
Earnings
- 1/28/26 - Beat
NOW
Sec Filings
- 3/2/26 - Form S-8
- 3/2/26 - Form S-8
- 3/2/26 - Form 4
- NOW's page on the SEC website