In many ways this is another side to some of the points in The Gadgets that Swallowed the planet thread. Yes banks are looking at how to make profits, and yes, that leads to making some dubious decisions such as closing the last bank branch in remote towns. But that is also governed by behaviour that we chose even without nudging. I'm glad that I don't have to deal with cheques almost completely now. And that with faster payments we no longer have the money effectively being utilised by banks while the payments are being processed.
There are new and different problems with the changes in technology but it is too easy to forget that the previous systems also had problems. The idea that we could suddenly switch back to an all cash society is ludicrous. That's not about having fewer ATMs, it's about removing them all together. They are part of the digital age as well.
Some jobs aren't worth keeping, technology will roll forward so it's about dealing with that, not being a Cnut (or rather knowing what Cnut knew). Branches are currently inefficient though the big job losses in banks in the next 10 years will be in back office functions. Currently the job market seems to be coping with the rise of the robots but we need to be careful with what happens. Much better to be looking at whether we might need some form of basic income rather than smashing the machines.
Our biggest challenge is that the pace of technology change grows faster but our ability to control it doesn't get faster. Legislation and regulation are lumbering behemoths.
