The problems that might arise from using social networking. a lack of satisfaction with some aspect of your life or appearance. The anxiety caused by the fear of losing out (FOMO). Isolation. Both depression and anxiety are present. Cyberbullying. Self-absorption. The phrase "fear of missing out" (FOMO) refers to the anxiety that people experience when they feel as if they will be missing out on something important. A significant number of people nowadays utilise social media as a "security blanket."