Artificial intelligence (AI) presents several significant drawbacks despite its advantages. Key concerns include job displacement, as automation could threaten millions of jobs, particularly in low-skilled sectors, leading to economic insecurity. Additionally, AI systems often lack transparency, making it challenging to understand decision-making processes, which can result in biased outcomes and reinforce societal inequalities. 

The reliance on AI may also degrade human skills and critical thinking, while raising privacy and data security issues due to the vast amounts of data required. Furthermore, errors in AI algorithms can have amplified consequences, and ethical considerations surrounding misuse in surveillance or military applications pose moral dilemmas. Lastly, an over-reliance on AI could diminish human cognitive abilities and creativity. Addressing these drawbacks is essential for ensuring that AI's benefits are realized without compromising societal values.