What Are the Challenges Posed by Technological Advancements?
Despite the numerous benefits, technological advancements also pose several challenges for entrepreneurs:
Security Concerns: With increased reliance on digital tools, the risk of cyber-attacks and data breaches has grown. Rapid Change: The fast pace of technological change can make it difficult for businesses to keep up, requiring continuous learning and adaptation. Cost: While technologies can reduce costs in the long run, the initial investment can be significant. Dependency: Over-reliance on technology can lead to operational disruptions if there are technical failures.