I don’t think the automation with the ‘net is killing that many jobs, but the ‘net is creating dislocations as the type of jobs needed by the new economy changes. I do think that over-reliance on the the technological revolution has killed some lenders and risk takers, who relied on cash flow models rather than analog underwriting to create a near-fatal credit climate. My own view is that whenever banks and insurers replace the boring, conservative underwriters with their pulse on risk with MBA’s with their eyes on financial models, disaster ensues.