History teaches us that labour markets are able to recover from the changes wrought upon them by technological change, said Alan Manning, professor of economics at the London School of Economics. ''If I take an historical perspective then technical change has always destroyed some jobs and created others, and this would in some sense be no different from that'', Manning said. ''There will be some people who have spent 20 or 30 years specialised in a job and suddenly there is no demand for that. They suffer big losses but in the long run that washes out, no young people go into those jobs and they go into something else and there is always something else to go into.''

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