Some tech companies are now as powerful as governments. So, Digital authoritarianism is also discussed. A few governments are misusing tech companies for mass surveillance programs.
Eliminating cash completely may worsen the situation of some people such as poor people, digital illiterates etc. Moreover, it can be a threat to the right to privacy. So, a completely cashless society is not a good idea, at least for now.
The detection of Omicron is reiterating the importance of increasing the availability of vaccines to low-income countries. At present, only 3% of people in low-income countries received two vaccine doses, compared with more than 60% in high-income countries.
Foreign direct investments will decrease drastically because people will prefer investing in other countries where can they can pay less for the resources such as land, human resources etc. This affects the IT sector a lot because many companies in foreign countries are outsourcing IT projects to Indian companies.