Job Displacement Due to Automation – As businesses adopt AI and robotics, many traditional jobs are being replaced. Manufacturing sector, robots now perform repetitive tasks that were once done by human workers, leading to unemployment in some industries.
Cybersecurity Threats – With increased digitalization, cybercrimes such as hacking, identity theft, and data breaches have become more common and is commonly used to scam people. For instance, major companies like Facebook and Yahoo have experienced data breaches, exposing millions of users' personal information.