Changing technology will make us all redundant

Of the 2,000 job losses reported this week, the 280 at Hewlett Packard are most significant. This is not to minimise the other losses; but people are accustomed to banks reducing staff levels.

Hewlett Packard is an enormous multinational.

That the lost jobs serviced international, not local, clients is indicative of technology change; servicing customers from distance is becoming obsolete; computerisation is doing the servicing itself.