 Jan from Belgium is concerned about unemployment so he's tweeting imagine artificial intelligence and robots cause massive youth unemployment. How will the ECB react? Well the worries about about technical progress destroying jobs are I would say as old as the Industrial Revolution when it all started really. So far the experience has been that the jobs created by the introduction of new technologies actually were more than the jobs being destroyed by their introduction and we may be reasonably optimistic that this is so. Two conditions have to be satisfied. The first is that the benefits accruing to those sectors where new technologies are introduced are also being transferred to the rest of the economy so that more jobs can be created elsewhere. The other condition is that the people who lose the jobs in the sectors affected by the new technology can find other jobs in the rest of the economy and this adjustment is often not simple nor painless. For this some support from government support from government is actually needed both in terms of education and training so that the news the people could be told the new skills.