What Are the Risks Associated with Technological Disruption?
While technological disruption can offer numerous benefits, it also comes with risks:
Cybersecurity Threats: Increased reliance on digital technologies can expose businesses to cyber-attacks and data breaches. Job Displacement: Automation and AI can lead to job losses, requiring businesses to manage workforce transitions effectively. Regulatory Challenges: New technologies often outpace existing regulations, leading to legal and compliance issues. Market Volatility: Rapid technological changes can create market volatility and uncertainty.