Technological progress is essential for economic growth of an economy. But it's always labour-saving. Continuous technological progress will therefore lead to 'jobless growth'. With widespread unemployment the increasing supply of commodities because of technological progress will eventually fail to create enough demand for the same. Simply there will be overproduction. However I do agree that there will be some compensating effect on employment.The World Bank's World Development Report 2019 argues that while automation displaces workers, technological innovation creates more new industries and jobs on balance. But my question is will this compensating mechanism be able to absorb all the displaced worker ? If the new industries are also capital intensive then the unemployment problem will continue to grow. There will be higher unemployment, higher supply of commodities and lower demand in the economy. If this continues can we rule out the possibility of occurrence of another great depression ?