Job Displacement While nanotechnology can create jobs, it can also lead to job displacement. Automation and new manufacturing processes may render certain skills obsolete, exacerbating unemployment in some sectors. Workers in traditional manufacturing industries may need retraining to adapt to new technologies.
Economic Disparities The benefits of nanotechnology may not be evenly distributed. Wealthy nations and corporations with more resources to invest in research and development may reap disproportionate benefits, widening the economic gap between developed and developing countries.
Health and Environmental Risks The long-term health and environmental impacts of nanoparticles are not yet fully understood. There is concern that nanoparticles could pose risks to human health and the environment, potentially leading to increased healthcare costs and environmental remediation expenses.
