No, many people believe a common misconception that magnets can harm all display devices. However, this is a myth. In reality, the majority of display types can withstand the presence of magnets without any damage. Only CRTs (Cathode Ray Tubes) are susceptible to magnet interference, as they incorporate a built-in magnet to control electrons. Modern displays, such as LCDs and OLEDs, are entirely safe from magnets and won't be affected by their presence.