Could growing technology force more unemployment


Problem: I've been dealing at a local bank for 10 years that has its staff 50% of what it was when I joined. I'm told this has been accomplished with the same amount of customers. Between 24 hour ATM machines, online banking, etc, the need for people is less. With EC/e-Business and technology increasing, will we see more and more companies downsizing? In addition, e-business companies like Amazon are stealing customers away from other book companies. Could this force more unemployment? With technology growing at an astronomical rate, what effect will this have on the job market? Will there be enough new technology related jobs to make up for the difference?

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