A non-magnetic screwdriver can become magnetized when left near magnets, which can be humorous but inconvenient for electronics work. To demagnetize a steel screwdriver, subjecting it to an alternating magnetic field with decaying amplitude is effective. The optimum degaussing field should exceed the screwdriver's magnetization to reverse it, but excessive power can risk damaging sensitive items like credit cards. The discussion highlights the importance of keeping magnetic tools away from magnets to prevent unwanted magnetization. Understanding the degaussing process can help maintain the functionality of tools in electronic environments.