In the banking space, I'm often confronted with passionate arguments for why face-to-face interactions, the availability of advice and the psychological comfort of brick-and-mortar spaces still matter.
As the news of Steve Jobs' resignation rocks the world, it's almost like we're reading his obituary rather than the news that a Fortune 50 CEO has moved on.
What is under attack here is not The Beatles, it's the physical distribution of goods that can easily be digitized. The bank sector is in massive trouble because almost everything a bank does can be digitized.