I wish I could hide luddite articles like this permanently.

Technology improves efficiency, which eliminates the need for workers. Economics is not a zero-sum game, however. More money saved means more money invested, either by the individual or the bank in the case of pure savings.

Easier lending means more businesses in more industries. Everyone didn't starve to death during the industrial revolution. Dock workers didn't just commit suicide en masse when most of them were obviated by the invention of the shipping container.