30% College Grad Unemployment Would Be a Catastrophe. It Would Also Create the Largest Freelance Market in History.

The ServiceNow CEO just said the quiet part out loud. Bill McDermott told CNBC that AI agents could push college graduate unemployment past 30%. Not a fringe prediction from a doomer on X. A sitting CEO of a $200B enterprise software company, talking to business television, saying the number 30% with a straight face. That's roughly 1 in 3 new college graduates unable to find work in a labor market already unkind to entry-level candidates. The instinct is to argue about whether he's right.