Bill McDermott

American businessman

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AI advancements may cause 30% unemployment for Gen Z graduates
business Mar 17, 2026, 1:00 AM
AI advancements may cause 30% unemployment for Gen Z graduates
  • Bill McDermott, CEO of ServiceNow, warns that unemployment for Gen Z graduates may exceed 30% as AI takes over routine tasks.
  • Cognizant's recent report estimates that 93% of jobs face some degree of disruption due to AI advancements.
  • Entry-level positions are particularly threatened as companies implement AI, leading to increased difficulties for young workers seeking employment.
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ServiceNow and OpenAI deepen partnership to enhance enterprise AI capabilities
business Jan 20, 2026, 12:24 PM
ServiceNow and OpenAI deepen partnership to enhance enterprise AI capabilities
  • Bill McDermott announced an expanded partnership between ServiceNow and OpenAI for AI integration in enterprises.
  • The collaboration focuses on building custom AI solutions to improve business outcomes.
  • This initiative aims to help companies transition from experimentation to significant AI deployment.
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