Everything would come to a halt, quite literally. Pretty much everything that moves using electricity uses magnets.
The rest depends on what you mean by magnets. All magnetized materials? Now all computers and internet are gone. The ability to create magnetic fields using electricity? All manufacturing equipment becomes scrap metal. No magnetism anywhere with anything? The universe implodes.
Everything would come to a halt, quite literally. Pretty much everything that moves using electricity uses magnets.
The rest depends on what you mean by magnets. All magnetized materials? Now all computers and internet are gone. The ability to create magnetic fields using electricity? All manufacturing equipment becomes scrap metal. No magnetism anywhere with anything? The universe implodes.