Bitcoin Forum

Economy => Economics => Topic started by: Naida_BR on December 09, 2020, 05:15:33 PM



Title: Pandemic will bring more economic progress in long-term...
Post by: Naida_BR on December 09, 2020, 05:15:33 PM
We have seen a lot of companies changing procedures and implementing more radical ways of doing their work.
Businesses have adopted new processes and technologies—and there are signs that they may pay off in the future. The pandemic and COVID-19 era could give a rapid productivity growth after the vaccination of the global population is going to end or reach a significant percentage.

Remote working and new systems that help companies being better organized are what businesses struggled a lot to adopt in the beginning of the pandemic. Now this kind of investment is going to pay off.

My company made a huge investment in adopting systems such as remote meeting places, cloud systems that help organizing documents and a way of eliminating paperwork... I believe that this is going to increase the productivity of the employees especially if those go back to work.

Have you seen any changes in your working environment like these?


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: The Sceptical Chymist on December 09, 2020, 06:25:42 PM
I figured we'd be almost back to normal life by now, but in the US at least it looks like everyone is freaking out even more about COVID-19.  There have been several local businesses that have closed for days--and for unknown reasons.  Masks are starting to be enforced in stores, and people are getting really salty.

Whatever the pandemic brings, I'm just hoping there's an end to it soon.  No country can afford to keep locking businesses down; it'll cripple any economy, and fast.  The good news is that the vaccine is being manufactured and distributed (last I heard in the UK), so hopefully that will ease people's fears.  Long live bitcoin, death to COVID-19!!


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Chrystora123 on December 09, 2020, 07:40:03 PM
I figured we'd be almost back to normal life by now, but in the US at least it looks like everyone is freaking out even more about COVID-19.  There have been several local businesses that have closed for days--and for unknown reasons.  Masks are starting to be enforced in stores, and people are getting really salty.
back to normal!! It is true.. In my country, COVID-19 is not even feared anymore, many people even say "does Covid-19 exist?".  Many citizens are no longer wearing masks and government enforcement of health protocols is loosening..

Whatever the pandemic brings, I'm just hoping there's an end to it soon.  No country can afford to keep locking businesses down; it'll cripple any economy, and fast.  The good news is that the vaccine is being manufactured and distributed (last I heard in the UK), so hopefully that will ease people's fears.  Long live bitcoin, death to COVID-19!!
the news about vaccines is a very hot topic at the moment.  hopefully, it won't have long-term side effects on the human body..


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: iv4n on December 09, 2020, 08:08:33 PM
It's nice to see some positive way of thinking, for change...change.... "The only constant in life is change"-Heraclitus

We have seen a lot of companies changing procedures and implementing more radical ways of doing their work.

Just to add that in some way they/we were forced to make some radical changes! Not just companies, people too! We need to adapt to new circumstances and continue with life, we all know what can happen otherwise!

Have you seen any changes in your working environment like these?

Well I definitely don't see any changes around me, but I see them around the world! And one day that will come here, sooner or later, we (my country, city..) are always late when it comes to new technologies and their adoption!

I figured we'd be almost back to normal life by now, but in the US at least it looks like everyone is freaking out even more about COVID-19.  There have been several local businesses that have closed for days--and for unknown reasons.  Masks are starting to be enforced in stores, and people are getting really salty.
back to normal!! It is true.. In my country, COVID-19 is not even feared anymore, many people even say "does Covid-19 exist?".  Many citizens are no longer wearing masks and government enforcement of health protocols is loosening..

We can discuss what is "normal life". Many people never had a normal life! All this is just a new bad thing on the list, and you ask yourself what else can go wrong... but as always in the end you either adapt and survive or perish (mentally and physically).


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Fortify on December 09, 2020, 08:22:10 PM
In the last century the economic potential of the world has steadily increased, through two world wars and dozens of recessions, business has persevered and grown ever larger. Based on that history it is clear that we will get past Covid and the economy will continue the march upwards. Eventually there will be a tipping point where we either run out of resources or the global population starts to tilt downwards, but that seems quite a long way off at the moment. There is a lot of cheap money sloshing around at the moment, which is flooding into assets like Bitcoin.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: arallmuus on December 09, 2020, 08:37:17 PM
 
Masks are starting to be enforced in stores, and people are getting really salty.

Not sure what is wrong with wearing a mask though. You can still breathe properly with it and it protects you from the virus . I watch an interview about this, one of those people claimed that he didnt need to wear a mask because he believe in Jesus.

The interview then said that you will still need to wear a seatbelt even if you believe in Jesus and would never cross a road with your eyes closed even if you do believe in jesus. The man totally had a salty smile and leaved the interviewer, classic .

The good news is that the vaccine is being manufactured and distributed (last I heard in the UK), so hopefully that will ease people's fears. 

China vaccine made bigger progress compared with other vaccine and are 86 % effective so far but there are only few details that is being provided regarding the vaccine. Thats the sole reason that made most country kinda skeptical about this.

back to normal!! It is true.. In my country, COVID-19 is not even feared anymore, many people even say "does Covid-19 exist?".  Many citizens are no longer wearing masks and government enforcement of health protocols is loosening..

Thats happening all around the world even in US. Unless vaccine is developed, there will be no end to this


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Shasha80 on December 09, 2020, 09:29:59 PM
Pandemic has indeed changed the mindset of a person to demand more innovation, in order to maintain their life. And this is very positive for human development itself. Someone will be better prepared when facing difficult times. And we’re all used to this pandemic. We live our lives in a new normal by utilizing digital technology as adoption in all activities, including enforced in the job industry. This seems more practical because it can help facilitate in business activities or daily activities, without having to be afraid of getting infected with the virus.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Darker45 on December 10, 2020, 03:39:44 AM
That's just how it works. If it doesn't kill you, it makes you stronger or better. That applies to the circumstances that we have right now. We have actually adapted a lot to this pandemic. We have made invaluable realizations, innovations, and adjustments because of this. That's on the personal level, business level, or even in the macro level like in the national and international setting. So this will eventually pay-off in the long run.

Remote working, for example, is a win for the workers because they don't have to leave home for work, win for the business owners because they don't have to maintain an office, win for traffic because people would travel less, win for the environment, and so on and so forth. The same goes to physical stores partially or fully shifting into online stores. There are so many cases of amazing adaptations brought by this pandemic.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: maydna on December 10, 2020, 04:56:03 AM
We are back to normal with the new things that adapt to our life in many businesses. Not just in the business, but it happens in real life, and when we see at a local store and public area, people now need to have a distancing each other in the crowd, and they will follow the health protocols. Yes, the pandemic has change how humans interact with other people because that is for their own good. And in the new normal, everything has restarted, including our lives, and perhaps, that is what we need to have a new situation in this pandemic. But the situation will be better, especially if the government can distribute the vaccine to help people.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: davis196 on December 10, 2020, 07:45:13 AM
I haven't seen any valid proof showing that remote working is more productive.
It most cases,remote working actually isn't more productive and most companies will return to office working after the pandemic ends."Eliminating paperwork" has been already done years ago,by most of the big companies. ;D
Anyways,the process you are describing happens during every economical crisis.Companies optimize their resources,staff and costs and become more efficient for a while,but after the crisis ends,they start to grow and hire more people,therefore losing a part of that increased efficiency.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: NeuroticFish on December 10, 2020, 08:08:44 AM
Pandemic will clearly force some fields into progress. There's a saying: "every kick in the butt makes you do a step forward".
In my country far too many things were done and kept only on paper. Pandemic changes that.

On the working places, it depends from one to another, there are no rules, really.

Have you seen any changes in your working environment like these?

Since I work for company related to IT, the amount of paperwork was small and remote work was always a possibility, but not very much loved because of concerns on productivity.
So nothing much has change there. But something did change: a lot of services are moved into cloud to avoid/reduce the need for physical access into the building.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Strongkored on December 10, 2020, 09:05:07 AM
Have you seen any changes in your working environment like these?
I don't work so I don't know about this, as a person who seller I feel a very big change in the behavior of people shopping, they really move to online buying as well as seller started using all social media massively for they sell many things.
I read articles on bbc.com based on a survey only 12% of employees want to work full time in the office, more want a hybrid remote-office model, so any change will be acceptable with many workers.
source : https://www.bbc.com/worklife/article/20201023-coronavirus-how-will-the-pandemic-change-the-way-we-work


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Latviand on December 10, 2020, 09:29:45 AM
Have you seen any changes in your working environment like these?

Yeah, this new normal really made us adapt depending on what we are experiencing these days.

This pandemic made us adjust depending on the situation we are in. This working environment that we have right now is less toxic compared to the time where we actually go into the platform or workplace where do our jobs. Also if you are a full time investor of cryptocurrency, you need to understand those changes, with the exchange, banks, and other factors that can affect how you deal with the market.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: pilosopotasyo on December 10, 2020, 09:47:10 AM


My company made a huge investment in adopting systems such as remote meeting places, cloud systems that help organizing documents and a way of eliminating paperwork... I believe that this is going to increase the productivity of the employees especially if those go back to work.

Have you seen any changes in your working environment like these?
Not only companies but the government as well in fact here in our country our government is the first one that implement cashless transaction and and Zoom online  teleconference, and they encourage companies and private individuals to do the same, after the pandemic the new contact less system will still implemented, because we never know if another pandemic is looming. 


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: crwth on December 10, 2020, 09:58:15 AM
The pandemic has definitely affected everyone and everything with businesses etc. Imagine being able to use the internet for holding meetings and seminars. You skip the travel times, make it easily accessible, etc. There are downsides for sure, but you would know that there are actually jobs that are still functional even in work from home setting. There are definitely different approaches developed during the pandemic, with the productivity and effectiveness increasing in value.

This could be a positive outlook for what has happened, but we can never forget those who are having a hard time during this season. It's definitely not easy, but we could just look at it positively.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Alucard1 on December 10, 2020, 11:02:42 AM
We almost back to normal but there is still some restriction, we could see that this pandemic brings us to the world of technology, there are a lot of public services that are now relying on technology, there are also some people who lost their job became active in the world of technology on which they are working at home or even become active in the world of cryptocurrency.

Our economy also recovers little by such establishment because of the new normal, hoping that we could see a full recovery of our economy in 2021.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: oHnK on December 10, 2020, 01:26:33 PM
Have you seen any changes in your working environment like these?

The real change I feel in my job is when all the learning is done online. As a teacher, this is a very big change. Because online learning presents its own challenges for teachers. The teacher must be able to explain all lessons so that the child understands well what is explained. Let alone online, offline there are still many children who have difficulty understanding lessons. Not to mention, teachers who teach online will compete with online learning applications which are far more attractive and creative from the appearance alone. Maybe this happens only in my country, or you feel it too.

Masks are starting to be enforced in stores, and people are getting really salty.

I don't understand how masks can interfere with your mind and your environment. The usefulness of masks far outweighs the negatives. You are too sure about your body's antibodies or you want to commit suicide or you also have no social ethics. As far as I know, even Japanese people, before the Covid-19, even made the use of masks for people who felt they were a little unwell an ethic of public life.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: logicrypto on December 10, 2020, 04:19:52 PM
Companies have started changing their philosophy into more tech-related processes and systems.
This is also good for blockchain technology as it is something that it is not yet widely introduced to businesses.
The productivity is going to hit new records after the covid era will end, as employees will manage to handle their working time more effectively than they used to do in the past.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: fiulpro on December 10, 2020, 05:25:10 PM
That's unfortunate that remote working is only working out for people who are actually:
1. Important for the company
2. Thorough with the computers
3. Have access to internet and basic devices
Now this only something that's good for 10% of the population in my country, most people are jobless and how waiting for jobs to start normally. Now this pandemic might teach them to learn a thing or two about on-line work but it's sure to have long term drastic effects.
I myself don't believe that online work is doing any good. The students are suffering the most without practicals. One cannot just go and learn medicine online , nor learn to do a operation using videos. We need it to end. Certain things are better offline.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: so98nn on December 10, 2020, 05:27:24 PM
What coincidence!!
My company is biotech based vaccine manufacturer. Honestly it's all traditional stuff here (used too be) and we never had hi-tech conferencing equipments. I mean we have the modest biotech but when it comes to meetings, con-calls, videos etc. we had lacuna in it.

But since the pandemic, our company has turned around 360 degree!! Company hired best IT teams, digitalised the whole company with new systems. That was really amazing upgrades for us.

It wasn't possible for us to work from home earlier but now QA peeps can do it. So yeah many things have changed and being in pharma company things are seriously modest for us.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: South Park on December 10, 2020, 05:31:08 PM
We have seen a lot of companies changing procedures and implementing more radical ways of doing their work.
Businesses have adopted new processes and technologies—and there are signs that they may pay off in the future. The pandemic and COVID-19 era could give a rapid productivity growth after the vaccination of the global population is going to end or reach a significant percentage.

Remote working and new systems that help companies being better organized are what businesses struggled a lot to adopt in the beginning of the pandemic. Now this kind of investment is going to pay off.

My company made a huge investment in adopting systems such as remote meeting places, cloud systems that help organizing documents and a way of eliminating paperwork... I believe that this is going to increase the productivity of the employees especially if those go back to work.

Have you seen any changes in your working environment like these?
This is very common while in the short term people were unprepared to face the crisis over the long term this brings growth as people find ways to overcome the crisis with new knowledge and technology, one of those examples is the vaccine and the pharmaceutical industry, vaccines take years even decades to develop and even if it seems as if it has been ages this vaccine was developed in record time, so if this happen again the pharmaceutical industry will have already protocols in place to develop a vaccine even faster than it did this time around.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Genemind on December 10, 2020, 05:32:25 PM
Huge and even smal businesses nowadays have learned how to adjust just to deal with the pandemic situation right now. They have considered the situation of customers as well as the welfare of their employees by adopting the changes by switching from mostly physical through online transactions. It helped the economy recover and survive and it's a good thing that we're all starting to adopt and see it as a normal thing.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: ReiMomo on December 10, 2020, 09:13:57 PM
Since I am working in the human resource department of our company specifically in recruitment, I have seen a lot of changes caused by this pandemic where we do interviews over the phone, conduct panel interviews through MS Team, zoom, or Webex.

The employment contract is being sent through email including pre-employment requirement are also sent through the same channel, employees are still required to wear mask and face shield and need to have a bottle of alcohol. Though these changes in my work environment are also implemented in the other industries and for some reason, I find it ethical not for ourselves but to others as well.

I could consider that because of this pandemic people are now voluntarily or force to move on a different stage of technological adoption which could lead to a progressive economy in a later time


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Twinkledoe on December 10, 2020, 11:44:51 PM
Since I am working in the human resource department of our company specifically in recruitment, I have seen a lot of changes caused by this pandemic where we do interviews over the phone, conduct panel interviews through MS Team, zoom, or Webex.

The employment contract is being sent through email including pre-employment requirement are also sent through the same channel, employees are still required to wear mask and face shield and need to have a bottle of alcohol. Though these changes in my work environment are also implemented in the other industries and for some reason, I find it ethical not for ourselves but to others as well.

I could consider that because of this pandemic people are now voluntarily or force to move on a different stage of technological adoption which could lead to a progressive economy in a later time

Indeed, this pandemic brought positive effects without us knowing this will happen. As we go digital to avoid contact with other people or to avoid using cash, adoption with new digital platforms is here. And as such, crypto adoption is among them. Maybe this is the reason why many big companies are looking into crypto investments. Our age is going digital and crypto is just the right fit.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Kez1817 on December 10, 2020, 11:57:35 PM
Yeah, the pandemic greatly affect with regards to economic status and development of every country. Because of this pandemic other businesses are now adopting the new technology and digital currency. But whatever the pandemic brings to us, hope that it will end soon, so that while accepting the new digital system, we can also go back to normal slowly.




Title: Re: Pandemic will bring more economic progress in long-term...
Post by: jaysabi on December 11, 2020, 02:35:01 AM
I figured we'd be almost back to normal life by now, but in the US at least it looks like everyone is freaking out even more about COVID-19.  There have been several local businesses that have closed for days--and for unknown reasons.  Masks are starting to be enforced in stores, and people are getting really salty.
back to normal!! It is true.. In my country, COVID-19 is not even feared anymore, many people even say "does Covid-19 exist?".  Many citizens are no longer wearing masks and government enforcement of health protocols is loosening..

This description makes it sound like a hellhole, but about half the United States fits this description. Imagine running out of hospital beds in the richest, most technologically advanced nation in the world and still having a significant portion of people and politicians attempting to downplay the severity of the pandemic. Sometimes I'm sure that America doesn't deserve first-world status and it's because of things like this.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: coinsolidation.org on December 11, 2020, 02:48:36 AM
In this pandemic we must see the advantages and the things that must be improved.

Advantage:
1.- People no longer spend huge amounts of time commuting from home to work.
2.- The productivity of companies have grown.
3.- New ways of doing business have grown or will be created (the Internet is growing in demand).

Disadvantages
1.- People have longer hours of up to 12 hours or more per day. Mainly in underdeveloped countries and there are no clear work rules.
2.- Problems in homes due to coexistence that previously did not exist in the psychological field.
3.- Unemployment worldwide.

We can comment on other points, what is a reality is that this is here to stay and we will have to evolve and guide efforts to improve using current and new technologies.

The law of life, you evolve or you are simply forgotten.

Regards,


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: darewaller on December 11, 2020, 06:11:50 AM
What I am really excited about is the fact that remote work is seen as something totally doable right now, and that is something marvelous because if we can manage to keep people at their homes and work from there for many jobs in the world that can be like that, we could actually have a lot happier world as well, and probably less expense too, and less transportation.

These are all amazing advancements in the world that could make things a lot better. Obviously we have seen companies recalling people right away to work just as the laws allowed in many nations, which shows that even though we have managed months without going to work without a problem, CEO's still do not get it, they are still idiotic old dinosaurs that wants it their way, but with younger people getting management positions, I think we could probably get better.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Ayiranorea on December 11, 2020, 07:07:22 AM
Pandemic has shattered the economic situation around the globe. The impact is being felt upon the individuals and over all class of people. To overcome the same people struggled, as everything happened within a very short time period. Now people have learned better out of the pandemic. This has made people to be better than before in terms of investments, savings and living standards. During the pandemic more entrepreneurs have got emerged, which also plays big role in the economic progress in the long term.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: sayaya17 on December 11, 2020, 07:55:18 AM
Companies that have switched to digital in this pandemic will experience an increase in sales volume. Because now more people are applying physical distancing during Covid-19. Companies are moving from the traditional way to this digital way, of course initially because there is an emphasis from pandemics. It requires every company to make innovative new breakthroughs, in order to remain productive. And workers can still make money to maintain life, despite the application of physical distancing, but they can work from their own homes. This advantage saves more cost, effort and time.
That’s how ultimately today we’ve seen a lot of companies changing procedures and implementing digital ways in their businesses.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: pankowri on December 11, 2020, 09:00:23 AM
I figured we'd be almost back to normal life by now, but in the US at least it looks like everyone is freaking out even more about COVID-19.  There have been several local businesses that have closed for days--and for unknown reasons.  Masks are starting to be enforced in stores, and people are getting really salty.
back to normal!! It is true.. In my country, COVID-19 is not even feared anymore, many people even say "does Covid-19 exist?".  Many citizens are no longer wearing masks and government enforcement of health protocols is loosening..

Whatever the pandemic brings, I'm just hoping there's an end to it soon.  No country can afford to keep locking businesses down; it'll cripple any economy, and fast.  The good news is that the vaccine is being manufactured and distributed (last I heard in the UK), so hopefully that will ease people's fears.  Long live bitcoin, death to COVID-19!!
the news about vaccines is a very hot topic at the moment.  hopefully, it won't have long-term side effects on the human body..
I don't know where you belongs to. In my country, the affected and died people are equally increasing gradually. Nowadays people can't maintain lockdown because of their daily needs. For economic purposes, government can't be strict more.

After the pandemic situation, the another economic revolution will come hopefully. Because people are waiting for this moment when the vaccine will vanish it


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: shoreno on December 11, 2020, 09:25:32 AM
grats to your company . they arent scared to take risk on those investment because they believe that its going to help them and infact without this, companies may struggle from going back on their work because of the obstructions caused by the pandemic . i never worked for a real company ever since the start of covid pandemic but i can notice that most companies and business now around me are using the power of the internet or being online . pandemic brings innovation but more progress will be achieve once pandemic will end


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: thesmallgod on December 11, 2020, 09:27:27 AM
I don't know if you have read about AI and robotics. Maybe this article will help you https://time.com/5876604/machines-jobs-coronavirus/ . the pandemic has open way for exploration of other means through which work can be done with little or no human especially in some areas that can afford to lose workers due to amount spend out of the workplace. Giant companies are now exploring the possibility of robots to replace human work force in order to reduce downtime. The disadvantage of this is that unemployment will increase why to this company the robot can do much work with more precision than human. It is hard to believe that we will all have to compete with robot  ;D


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Mauser on December 11, 2020, 09:44:14 AM
We have seen a lot of companies changing procedures and implementing more radical ways of doing their work.
Businesses have adopted new processes and technologies—and there are signs that they may pay off in the future. The pandemic and COVID-19 era could give a rapid productivity growth after the vaccination of the global population is going to end or reach a significant percentage.

Remote working and new systems that help companies being better organized are what businesses struggled a lot to adopt in the beginning of the pandemic. Now this kind of investment is going to pay off.

My company made a huge investment in adopting systems such as remote meeting places, cloud systems that help organizing documents and a way of eliminating paperwork... I believe that this is going to increase the productivity of the employees especially if those go back to work.

Have you seen any changes in your working environment like these?

I have seen similar behaviour at my workplace. In the last 6 months management, closed down a hole floor of office space. Instead of having a fixed desk now, we switched to a more mobile version, where everyone is sharing the desk. Since most people are working from home these days, we are only 1 day per week in the office and then switch around the desks.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: traderethereum on December 11, 2020, 10:33:44 AM
We have seen a lot of companies changing procedures and implementing more radical ways of doing their work.
Businesses have adopted new processes and technologies—and there are signs that they may pay off in the future. The pandemic and COVID-19 era could give a rapid productivity growth after the vaccination of the global population is going to end or reach a significant percentage.

Remote working and new systems that help companies being better organized are what businesses struggled a lot to adopt in the beginning of the pandemic. Now this kind of investment is going to pay off.

My company made a huge investment in adopting systems such as remote meeting places, cloud systems that help organizing documents and a way of eliminating paperwork... I believe that this is going to increase the productivity of the employees especially if those go back to work.

Have you seen any changes in your working environment like these?

I have seen similar behaviour at my workplace. In the last 6 months management, closed down a hole floor of office space. Instead of having a fixed desk now, we switched to a more mobile version, where everyone is sharing the desk. Since most people are working from home these days, we are only 1 day per week in the office and then switch around the desks.
That is happening in many companies and offices because they must follow the health protocols.
Maybe that is the only way we can do this pandemic, but I am sure that future situations will not be the same.
We need to follow the government's suggestion for our safety, and maybe there are benefits that we can get behind this.
But I think in some places, while they follow the health protocols, they can back to their office, but they still need to have distance between the other employees.
These changes happened in the government office.
People need to queue and wait for a while to get services from the officers.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: oHnK on December 11, 2020, 12:19:12 PM
It is hard to believe that we will all have to compete with robot  ;D

That is the fact, humans will never be satisfied with what has been achieved today. AI that is created by humans often presents challenges to humans themselves. Providing efficiency or maintaining old traditions. The pandemic provides an opportunity for AI to take over some human jobs. Even at the end of this pandemic, it could accelerate AI to exist and compete with humans. In the next 10 years there will be many types of human work that are lost and replaced by AI, if we don't repair and upgrade ourselves, it is very possible that you will not be able to compete with the results of human creation itself.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: atjiat on December 11, 2020, 01:07:20 PM
It is hard to believe that we will all have to compete with robot  ;D

That is the fact, humans will never be satisfied with what has been achieved today. AI that is created by humans often presents challenges to humans themselves. Providing efficiency or maintaining old traditions. The pandemic provides an opportunity for AI to take over some human jobs. Even at the end of this pandemic, it could accelerate AI to exist and compete with humans. In the next 10 years there will be many types of human work that are lost and replaced by AI, if we don't repair and upgrade ourselves, it is very possible that you will not be able to compete with the results of human creation itself.
Today we do not live in a very easy time, because in one way or another vulnerable groups of the population suffer, which are already on the brink of survival, since social guarantees are very weak, and salaries are not always enough even to pay for utilities. In this case, high technologies can also harm these people, since it is High technologies that will replace these people who are in a difficult situation today. The world will undoubtedly succeed in improving production technologies, but how will the daily problem of millions of people be solved?


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: plvbob0070 on December 11, 2020, 01:25:53 PM
The pandemic made people adjust to different ways that are much efficient and safer while we are still facing the threat of the virus. The good thing about these changes is we saw other alternatives that we can still continue to adopt even after the pandemic because of its convenience. And thanks to technology, the economy can still continue to function even when there's a crisis. Though there are some limitations since it does not apply to everyone, some employees find it practical when the nature of their job can be done through remote working.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: mezzaluna on December 11, 2020, 02:17:32 PM
We have seen a lot of companies changing procedures and implementing more radical ways of doing their work.
Businesses have adopted new processes and technologies—and there are signs that they may pay off in the future. The pandemic and COVID-19 era could give a rapid productivity growth after the vaccination of the global population is going to end or reach a significant percentage.

Remote working and new systems that help companies being better organized are what businesses struggled a lot to adopt in the beginning of the pandemic. Now this kind of investment is going to pay off.

My company made a huge investment in adopting systems such as remote meeting places, cloud systems that help organizing documents and a way of eliminating paperwork... I believe that this is going to increase the productivity of the employees especially if those go back to work.

Have you seen any changes in your working environment like these?

Its really notable that some companies did expect things to happen this way and their response are really commendable. They are willing to create a system in which their workers would have a safe environment to work and be worry free of the ongoing pandemic. This type of things would really boost the credibility of the companies that are doing the necessary steps to keep their company alive.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: tbterryboy on December 11, 2020, 03:43:03 PM
Huge and even smal businesses nowadays have learned how to adjust just to deal with the pandemic situation right now. They have considered the situation of customers as well as the welfare of their employees by adopting the changes by switching from mostly physical through online transactions. It helped the economy recover and survive and it's a good thing that we're all starting to adopt and see it as a normal thing.
The problem is that while they adopted new methods but now as things are coming back to normal they are actually going back to the normal work module.  There are companies who are calling back their employees to work from office as they used to work from home, now they feel like added pressure and I am not against working from home or office but it tells us that the newly adopted methods were only temporary and the new approaches made were only forced instead of adopted.

The real change will come when these companies and the employees take initiative and bring these new work module in work without any condition or situation forcing them.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Noctis Connor on December 11, 2020, 04:48:14 PM
I couldn't agree more however if things back to normal maybe economic will be not that long since vaccine has already sent out to those countries who's really needed it, the real problem now is how the Government will react after done it? It is all in their government on how they will manage back their economic when things are better, since if businesses and big companies will operate again it is not that hard for them to build up again since other employees are working from home.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: el kaka22 on December 11, 2020, 06:32:24 PM
If we could see more companies going more remote and we see them go more digital, we are probably going to actually see a world that is cheaper as well.

I have always said the same thing and I will keep saying that forever, we do not need to make people richer, we need to make things cheaper, that is the way we could get away from this trouble in economy because if we keep giving people more and more money, that means things will cost more and more as well and when someone doesn't make enough money they will be too poor to continue surviving, whereas if we make things cheaper, we are giving even the poorest people in the world a chance to survive.

This digital world could make that happen, things could cost a lot less and that is why I think it is vitally important to realize the importance of digital world not only helping companies but workers too.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: BTCappu on December 11, 2020, 08:20:09 PM
Pandemic has shattered the economic situation around the globe. The impact is being felt upon the individuals and over all class of people. To overcome the same people struggled, as everything happened within a very short time period. Now people have learned better out of the pandemic. This has made people to be better than before in terms of investments, savings and living standards. During the pandemic more entrepreneurs have got emerged, which also plays big role in the economic progress in the long term.
Yeah we got new entrepreneurs but I honestly feel more businesses were closed than the new ones opened due to the lack of of funding and financial crisis among small scale industries.

We might have got new payments methods like people above said digital payments and cashless transactions but frankly speaking the only way this digitalization is going to work, is by means of adequate education.

Often I feel like we get carried away by new technologies and digitalization because not everything that is being done digitally is great and not every physical activity is poor.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: suzanne5223 on December 11, 2020, 08:30:24 PM
The pandemic could be a blessing to some companies which 90% of their activities are operated online and could also be a curse to businesses/companies that operate in person just like we see in aviation. However, before the situation of pandemic happen a lot of companies have cut their manpower and make use of bot/robot to adopt new procedure so i don't see the pandemic as the thing that open business owners see to adoption of new procedures but the pandemic does open the eyes of people to new possibilities.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: BuNga_cute on December 11, 2020, 09:35:26 PM
One of the positive things due to the effects of the corona virus is forcing humans to immediately switch to digital.
Because utilizing digital technology to carry out activities has proven effective in preventing the spread of the corona virus.
Regarding the work environment in my country, it can be said that it has changed drastically. Because everything started to
be done online, I still work from home until now. But by taking advantage of digital technology, many companies are starting
to run normally. This will bring good changes to the economy, and most importantly several vaccines have already started in
production. So this pandemic could end soon.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Nellayar on December 11, 2020, 10:37:59 PM
We have seen a lot of companies changing procedures and implementing more radical ways of doing their work.
Businesses have adopted new processes and technologies—and there are signs that they may pay off in the future. The pandemic and COVID-19 era could give a rapid productivity growth after the vaccination of the global population is going to end or reach a significant percentage.

Remote working and new systems that help companies being better organized are what businesses struggled a lot to adopt in the beginning of the pandemic. Now this kind of investment is going to pay off.

My company made a huge investment in adopting systems such as remote meeting places, cloud systems that help organizing documents and a way of eliminating paperwork... I believe that this is going to increase the productivity of the employees especially if those go back to work.

Have you seen any changes in your working environment like these?
Although there are alternatives such as integration of digitals in jobs. There is no assurance that pandemic will bring positivity in economuc in a long run. We can still deny the fact that pandemic made the countries disrupted in terms of economic. Works in labors and other induatries forced to stop during lockdowns and employees are still hanging up when they will start again. It might be an advantage for the employees who can work from home but not all are beneficial from pandemic. Let us all hope that this pandemic will stop and normal days will come again.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Rengga Jati on December 11, 2020, 11:20:32 PM
Yes, we have seen how the impact of a pandemic on the economy, not only on the economy in a country but also on the global economy. This does not mean that people lose their jobs but also the number of companies that have closed, went bankrupt, or lost a lot of profits during this pandemic. And it can't wait until the pandemic ends before we move on. Even now, many companies have changed their plans and progress. Part of it remains with them. however, some are beginning to adapt to this pandemic. And they are the ones who are successful in the survival of this pandemic.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Twentyonepaylots on December 11, 2020, 11:24:24 PM
The boom of digital use for business purooses during this pandemic is really something to think about. And may even be the best contribution this pandemic did in order to male ends meet and this will ddfinitely overturn the way the public sees online shopping. Not to mentiom the desaturation that happened when millions have lost their jobs. Once we've been able to recover, I bet these companies will go to desperate measures in order to get new employees, which will mean more money for the standard salaryman.
One of the positive things due to the effects of the corona virus is forcing humans to immediately switch to digital.
Because utilizing digital technology to carry out activities has proven effective in preventing the spread of the corona virus.
Regarding the work environment in my country, it can be said that it has changed drastically. Because everything started to
be done online, I still work from home until now. But by taking advantage of digital technology, many companies are starting
to run normally. This will bring good changes to the economy, and most importantly several vaccines have already started in
production. So this pandemic could end soon.
Yes I forgot about this, freelancing and working from home. Definitely took the pandemic period by storm when companies whk cannot afford to lose employees and money went all the way to bring the work closer to the people.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: lixer on December 12, 2020, 07:00:55 AM
I could consider that because of this pandemic people are now voluntarily or force to move on a different stage of technological adoption which could lead to a progressive economy in a later time
Indeed sometimes we are too deep inside our comfort zone and we need some kind of tragedy to bring us out of our comfort zone. Changing lifestyle is not easy and hence we are often operating like robots and performing the same routine daily without even acknowledging and realizing that how many other opportunities are there and only thing we need to do is to break the routine.

the pandemic greatly affect with regards to economic status and development of every country. Because of this pandemic other businesses are now adopting the new technology and digital currency.
The new digital system is great if it is actually implemented for long time even after the corona virus ends. It's amazing how sometimes decisions that we take under pressure are so progressive and the education system has taken a big leap too.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Xinarae* on December 12, 2020, 01:10:46 PM
Despite the long-term effects of the epidemic on the economy the world economy is improving. People in all countries of the world have learned to prevent this epidemic. Everyone is adapting to the epidemic and the standard of living is improving a lot. The economic situation seems to be related to the extent of the epidemic. Again a lot depends on human activities. Even though many people lost their jobs during the epidemic the companies are changing their situation again. The epidemic is changing the course of the world with long-term economic progress and technological advancement.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: nrvasquez on December 12, 2020, 01:31:49 PM
Despite the long-term effects of the epidemic on the economy the world economy is improving. People in all countries of the world have learned to prevent this epidemic. Everyone is adapting to the epidemic and the standard of living is improving a lot. The economic situation seems to be related to the extent of the epidemic. Again a lot depends on human activities. Even though many people lost their jobs during the epidemic the companies are changing their situation again. The epidemic is changing the course of the world with long-term economic progress and technological advancement.
They must be able to adapt to the existing circumstances. companies cannot run if no one is working, therefore now there are many and even massive work from home and remote work technology use, so that people can more easily run their business and keep the economy alive even in a pandemic


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Casdinyard on December 12, 2020, 04:01:18 PM
Have you seen any changes in your working environment like these?

Yes. Many public services have switched to digital and are now available online. This is a positive thing that came from this pandemic.

Being exposed to technology especially in the aspect of online activities do not speak for economic progress, even on technological innovation. Exposure is due to the situation itself wherein people are having no other option but to do so. But still, it won't change the fact that there's no innovation occurred during this pandemic aside from creation of vaccine so I guess it won't contribute to long term economic DEVELOPMENT*. This has something to do with misconceptions. Exposure to something won't always result to progress or development. Things are far different and I'd say we are still far from that digital age at this moment, probably still in the middle of progress. Being exposed to online activities is also not a positive thing to view during this pandemic because those services who shifted to online platforms, just made adjustments and there's still a huge difference in the aspect of overall functionality of those services, which simply displays struggles on their side.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: AniviaBtc on December 12, 2020, 06:36:36 PM
Have you seen any changes in your working environment like these?

This pandemic enlightened us how important our lives, the economy, and our businesses.

It woke us to become wise, independent, and patient on how we can deal with this kind of struggles and problem in our lives.

Not all of us are rich or in a middle class who can afford anything to sustain our needs and our lives during quarantine because there are people who suffered the most.

This crisis can be the turning point for all of the governments to see how people deal with the reality that having a good economy is the key to lessen the poverty in the country. Also for those investors, this is the time where they should understand how important risk management and patience in a business can do.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Yatsan on December 12, 2020, 10:20:22 PM
While we are still at the middle of the covid-19 pandemic since the vaccine made is not widely being distributed and massively being used, we can still see how the pandemic affect our lives in general on which there are various ways of adaptation that have happened wherein we see how from the traditional, all of a sudden there is a sprout of all shifting into digital/online which includes not just payment method but as well as works and studies so we can still be able to continue our normal lives living in the pandemic call it the "new normal". We did not let pandemic pause or stop our lives for a while because if we will all just wait for the vaccine to come, the world economy will suffer that can affect every individuals. With everything that happen, we can say that pandemic have brought up lots of opportunities and possible ways on how people can still make it to survive and see how economy is bouncing back from being down, now leading to slow progress which is good even we are still at the pandemic. Since we have been doing it for quite long, the "new normal" this will surely have an impact on leading those what we have been familiarize during this pandemic into a longer term of usage even pandemic ends.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: AndySt on December 12, 2020, 11:32:04 PM
Companies have started changing their philosophy into more tech-related processes and systems.
This is also good for blockchain technology as it is something that it is not yet widely introduced to businesses.
The productivity is going to hit new records after the covid era will end, as employees will manage to handle their working time more effectively than they used to do in the past.
As for the efficiency and productivity of employees after the end of the Covid era, the question is quite controversial. The business will still need to find the necessary balance between office work and remote work, because not all employees in remote format are happy with some blurring of the border between work and personal space. Also, management has questions about the effectiveness of employees in a remote format, because direct personal interaction between employees also gives good results in labor efficiency.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: LogitechMouse on December 13, 2020, 02:59:54 AM
Businesses that know how to adapt easily in their environment will be the ones who will succeed.
Businesses that know how to maximize the things around them will be the ones who will succeed.

In this case, those businesses that know how to utilize the internet didn't affected by that much since they can still make revenue with the help of it. Being efficient at this time will make you survive. Now the world is slowly recovering after the pandemic. I've seen many businesses and establishments doing online meetings right now and investing into new systems that will help them stay in track. For sure even though we will be back to normal (new normal), there will be some companies that will just choose to have meetings online than having meet ups.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Sithara007 on December 13, 2020, 04:16:44 AM
Despite the long-term effects of the epidemic on the economy the world economy is improving. People in all countries of the world have learned to prevent this epidemic. Everyone is adapting to the epidemic and the standard of living is improving a lot. The economic situation seems to be related to the extent of the epidemic. Again a lot depends on human activities. Even though many people lost their jobs during the epidemic the companies are changing their situation again. The epidemic is changing the course of the world with long-term economic progress and technological advancement.

There is no doubt that the Economy is growing, despite the pandemic. If you look at the stock market indices, then it is clear. But this growth is not uniform across the sectors. For example, tourism and airline sectors are in very bad shape. On the other hand, online retailers such as Amazon have managed to achieve ATH levels, partly due to increased demand that resulted from the pandemic.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Findingnemo on December 13, 2020, 08:26:22 AM
We have seen a lot of companies changing procedures and implementing more radical ways of doing their work.
Businesses have adopted new processes and technologies—and there are signs that they may pay off in the future. The pandemic and COVID-19 era could give a rapid productivity growth after the vaccination of the global population is going to end or reach a significant percentage.

Remote working and new systems that help companies being better organized are what businesses struggled a lot to adopt in the beginning of the pandemic. Now this kind of investment is going to pay off.

My company made a huge investment in adopting systems such as remote meeting places, cloud systems that help organizing documents and a way of eliminating paperwork... I believe that this is going to increase the productivity of the employees especially if those go back to work.

Have you seen any changes in your working environment like these?
Pandemic killed lot of small business already and the existing ones also will suffer a lot due to change in tax policies from most of the governments. This maybe given progress for the companies which is producing medicines, medical equipments and PPE kits but apart from that I don't find any company is making profits or progressing due to pandemic.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: traderethereum on December 13, 2020, 08:31:38 AM
Despite the long-term effects of the epidemic on the economy the world economy is improving. People in all countries of the world have learned to prevent this epidemic. Everyone is adapting to the epidemic and the standard of living is improving a lot. The economic situation seems to be related to the extent of the epidemic. Again a lot depends on human activities. Even though many people lost their jobs during the epidemic the companies are changing their situation again. The epidemic is changing the course of the world with long-term economic progress and technological advancement.

There is no doubt that the Economy is growing, despite the pandemic. If you look at the stock market indices, then it is clear. But this growth is not uniform across the sectors. For example, tourism and airline sectors are in very bad shape. On the other hand, online retailers such as Amazon have managed to achieve ATH levels, partly due to increased demand that resulted from the pandemic.
Many countries are trying to work hard in this pandemic to grow their economy.
It is not an easy job because almost all businesses are dying and need help from the government, but people still suffer because many are losing their jobs.
I admitted that online business gives a significant increase because people prefer to buy from their home while trying to lessen contact with many people.
Maybe it is time for online businesses to grow more in this pandemic while offline businesses can still get more customers.
If one company can have online and offline business as additional services to their customers, they will have a chance to grow and make money again.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Karartma1 on December 13, 2020, 08:31:59 AM
Despite the long-term effects of the epidemic on the economy the world economy is improving. People in all countries of the world have learned to prevent this epidemic. Everyone is adapting to the epidemic and the standard of living is improving a lot. The economic situation seems to be related to the extent of the epidemic. Again a lot depends on human activities. Even though many people lost their jobs during the epidemic the companies are changing their situation again. The epidemic is changing the course of the world with long-term economic progress and technological advancement.

There is no doubt that the Economy is growing, despite the pandemic. If you look at the stock market indices, then it is clear. But this growth is not uniform across the sectors. For example, tourism and airline sectors are in very bad shape. On the other hand, online retailers such as Amazon have managed to achieve ATH levels, partly due to increased demand that resulted from the pandemic.
It's not the economy that is growing, it's wall street fake valuations that are getting unbelievably high. I see a complete fracture between the real economy and financial one, which keeps using its gimmicks and magic tricks to kick the can as long as possible.
The real crisis is still awaiting us.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Vishnu.Reang on December 13, 2020, 12:07:09 PM
There is no doubt that the Economy is growing, despite the pandemic. If you look at the stock market indices, then it is clear. But this growth is not uniform across the sectors. For example, tourism and airline sectors are in very bad shape. On the other hand, online retailers such as Amazon have managed to achieve ATH levels, partly due to increased demand that resulted from the pandemic.
It's not the economy that is growing, it's wall street fake valuations that are getting unbelievably high. I see a complete fracture between the real economy and financial one, which keeps using its gimmicks and magic tricks to kick the can as long as possible.
The real crisis is still awaiting us.

I don't think that the stocks are overpriced now. If you look at the P/E ratios for various stocks, it can be seen that they are still at normal levels. Stocks such as Amazon and Apple went up, because their revenue increased as a result of the pandemic. Especially for Amazon, there has been a huge growth in turnover ever since the pandemic started to spread globally.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: nemey on December 13, 2020, 12:17:59 PM
With this pandemic, a lot has changed, especially working with the digital aspect. And this applies to almost all fields of work. Many enforce working from home by utilizing digital media. and this turned out to also have a very good impact on the progress of crypto. Where as a result of the pandemic, there are more and more crypto visitors and members.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Kong Hey Pakboy on December 13, 2020, 02:06:23 PM
With this pandemic, a lot has changed, especially working with the digital aspect. And this applies to almost all fields of work. Many enforce working from home by utilizing digital media. and this turned out to also have a very good impact on the progress of crypto. Where as a result of the pandemic, there are more and more crypto visitors and members.
I don't really know if the pandemic is the real reason why the number of crypto users is increasing that makes the market positive again. But I guess it is one of the reasons because the usage of digital currencies as a payment method has increased that most people nowadays are always made online purchases; maybe that is why PayPal and other large companies started to accept cryptocurrencies.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Maxre on December 13, 2020, 04:10:02 PM
Not only seeing, but I personally feel the synergy and enthusiasm that continues to grow to build the economy again and better in the future, with the experience of the current pandemic we learn a lot of new things that are more organized and efficient.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Pokapoka124 on December 14, 2020, 03:16:20 PM
In my country, COVID-19 is not even feared anymore, many people even say "does Covid-19 exist?".  Many citizens are no longer wearing masks and government enforcement of health protocols is loosening..

That's a dangerous way to live. The virus is real and you should wear your masks in public places at all times. We all have a role to play in saving the world


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Karartma1 on December 14, 2020, 03:42:31 PM
There is no doubt that the Economy is growing, despite the pandemic. If you look at the stock market indices, then it is clear. But this growth is not uniform across the sectors. For example, tourism and airline sectors are in very bad shape. On the other hand, online retailers such as Amazon have managed to achieve ATH levels, partly due to increased demand that resulted from the pandemic.
It's not the economy that is growing, it's wall street fake valuations that are getting unbelievably high. I see a complete fracture between the real economy and financial one, which keeps using its gimmicks and magic tricks to kick the can as long as possible.
The real crisis is still awaiting us.

I don't think that the stocks are overpriced now. If you look at the P/E ratios for various stocks, it can be seen that they are still at normal levels. Stocks such as Amazon and Apple went up, because their revenue increased as a result of the pandemic. Especially for Amazon, there has been a huge growth in turnover ever since the pandemic started to spread globally.
I'm not talking about single stocks evaluations but if you look at the overall index is too damn high taking into account what has been happening. It just can't be that Amazon and Apple are representative of the whole stock market.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: sapnu on December 14, 2020, 04:27:05 PM
The pandemic will surely bring great economic progress for some countries specially for those who were able to produce massive amount of trial passed vaccine. For the third world countries who weren't able to handle the covid situation well will be the one who will suffer a lot in the future. They ended up in huge debts so it is understandable why their economy will fall down a lot more harder compared to their current status while the pandemic is still active. Maybe, in general, the world economy may improve a lot after the occurence of this pandemic but some will stay unfortunate for sure.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: dimonstration on December 14, 2020, 04:42:26 PM
Not only seeing, but I personally feel the synergy and enthusiasm that continues to grow to build the economy again and better in the future, with the experience of the current pandemic we learn a lot of new things that are more organized and efficient.
Actually this Pandemic teaches us a lot in terms of having savings as well how to run business and improve the economic despite of Pandemic. Many experience loss but see its as opportunity to gain more in the future. It's like planting the seeds now and make it grow in the long term as we already learn the importance of being able to recover from loses and goal is to sustain and survive as well grow despite Pandemic still exist.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Vishnu.Reang on December 14, 2020, 04:48:48 PM
The pandemic will surely bring great economic progress for some countries specially for those who were able to produce massive amount of trial passed vaccine. For the third world countries who weren't able to handle the covid situation well will be the one who will suffer a lot in the future. They ended up in huge debts so it is understandable why their economy will fall down a lot more harder compared to their current status while the pandemic is still active. Maybe, in general, the world economy may improve a lot after the occurence of this pandemic but some will stay unfortunate for sure.

So far only 4 vaccine have passed the phase III trials - vaccines from Pfizer-BioNTech, Moderna, Gamaleya and Oxford-AstraZeneca. None of these vaccines are priced at astronomical levels, and this means that any potential monetary benefit for the source country is going to be quite limited. However, it can help them in the long term, as the reputation of the medical research facilities in that particular nation improves.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Fredomago on December 14, 2020, 04:53:50 PM
The pandemic will surely bring great economic progress for some countries specially for those who were able to produce massive amount of trial passed vaccine.
Sure money for real. Those who will produced the vaccines first and have much higher percentage of approval will difinitely gained from this situation.

Quote
For the third world countries who weren't able to handle the covid situation well will be the one who will suffer a lot in the future.
Will continue to fall as collapse may take place if the government won't be able to handle things properly.

Quote
They ended up in huge debts so it is understandable why their economy will fall down a lot more harder compared to their current status while the pandemic is still active.
That's how thing will turned to, as having difficulty to control the economy, they will ended up asking for more loans.

Quote
Maybe, in general, the world economy may improve a lot after the occurence of this pandemic but some will stay unfortunate for sure.
maybe yes or maybe no. There's no clear answer, only time can dictate the fate of the world in whole after this pandemic.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: South Park on December 14, 2020, 09:40:35 PM
I don't know if you have read about AI and robotics. Maybe this article will help you https://time.com/5876604/machines-jobs-coronavirus/ . the pandemic has open way for exploration of other means through which work can be done with little or no human especially in some areas that can afford to lose workers due to amount spend out of the workplace. Giant companies are now exploring the possibility of robots to replace human work force in order to reduce downtime. The disadvantage of this is that unemployment will increase why to this company the robot can do much work with more precision than human. It is hard to believe that we will all have to compete with robot  ;D
Well humans have been competing against machines for thousands of years, it is just that the machines we can build in this era are coming straight out from sci-fi books, as you say while there is going to be innovation this is also going to affect many industries, for example where I work I was always pushing for our company to allow us to work from home since for the most part our job could be done online, they accepted two years ago, so when the pandemic hit us most of the personal was already working remotely so our activities were not affected, but now that they understand the value of remote working they have no reason to have such a big office so they are reducing it and I am sure many companies are going to do that as well affecting the value of real estate in the process.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Wawa2013 on December 14, 2020, 11:21:32 PM
The pandemic has had a very bad effect on the economy, many small businesses have been forced to close their businesses.
In fact, the purchasing power of the community has decreased, this is due to the higher number of unemployed people.
To make the economy run normally again, there is really no other choice waiting for the corona vaccine to be distributed.
As long as the spread of the corona virus still occurs, don't expect the economy to revive, so solve problems related to
the corona virus. Then the economy will rise by itself.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: arallmuus on December 14, 2020, 11:44:41 PM
maybe yes or maybe no. There's no clear answer, only time can dictate the fate of the world in whole after this pandemic.

It is obviously yes. What the concern on this would be how long would it take for the economic progress to get back to where it was. Most of the developed and developing countries would sustain and economic progress would get back to normal as soon as the pandemic is over on their country but most of the 3rd world country will probably take atleast few years just to get back to where it was


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: xSkylarx on December 15, 2020, 04:41:09 AM
Have you seen any changes in your working environment like these?

Here in our country, most office-based works now are WFH (work from home). They can lessen a lot in terms of travel and other spendings. They don't have also to go on long hours of traffic just to go to work.
While small business here now accepts a cashless way of payment so it's a lot more convenient when you buy on that store. I hope those things will be permanent or considered to benefit a lot of people even if pandemic is gone.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: nomenclatur on December 15, 2020, 06:54:17 AM
not everything is still running as usual but many have been forced to stop because COVID-19 has really made large and small companies into financial difficulties and were forced to fire their employees this greatly affected the work and development of the company, not a few companies went bankrupt due to difficulties. them to send goods abroad and it is even more difficult because it is limited and it quite affects the whole company.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Dragonfund on December 15, 2020, 10:02:17 PM
It eas during the pandemic lock down I knew how important webinars and online video conference are so important, I am from developing countries, so zoom was something interesting because I could easily learn what ever I want as a group discussion through video conference.
There was also an immense increase of POS ( regularly called point of sales) where anyone can used debit card to make withdrawals right from homes since assessing ATM were difficult because of the lock down, many used the opportunity to gather money from transaction fee they accrued from this sales.
Famers also enjoy this period, there was increased in price of food especially vegetables were so scarce that onions became a rich man investment.
So many opportunities in this lock down and many suffered as well.  :'( :'(


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: X-ray on December 15, 2020, 11:10:37 PM
Not only seeing, but I personally feel the synergy and enthusiasm that continues to grow to build the economy again and better in the future, with the experience of the current pandemic we learn a lot of new things that are more organized and efficient.
All of the activities can be running on the online system. Some companies are preffering to do WFH. The economic is starting to be more focused in the development of the digitalization that can't be affected by the pandemic.
We should have learned so many lessons from the current situation. People should realize if they can do that from home and why not?
The pandemic has been pushing people to to do any activities digitally.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Wulan_maniez on December 16, 2020, 12:02:29 AM
The pandemic and COVID-19 era could give a rapid productivity growth after the vaccination of the global population is going to end or reach a significant percentage.
Vaccines will indeed circulate if according to the latest news lately. But it's not certain yet, we can only wait for him. If it is realized, perhaps the economy will gradually recover, but it cannot be as it was, it requires the process to return to normal as usual.
Quote
My company made a huge investment in adopting systems such as remote meeting places, cloud systems that help organizing documents and a way of eliminating paperwork... I believe that this is going to increase the productivity of the employees especially if those go back to work.

Have you seen any changes in your working environment like these?
Long-distance meetings in the company is now a good alternative to social distancing implemented by the government in order to avoid the invection of coronavirus. Besides that employees can keep working and make money. It's better than having to fire them out of a job.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Fredomago on December 16, 2020, 01:04:58 AM
Not only seeing, but I personally feel the synergy and enthusiasm that continues to grow to build the economy again and better in the future, with the experience of the current pandemic we learn a lot of new things that are more organized and efficient.
All of the activities can be running on the online system. Some companies are preffering to do WFH. The economic is starting to be more focused in the development of the digitalization that can't be affected by the pandemic.
We should have learned so many lessons from the current situation. People should realize if they can do that from home and why not?
The pandemic has been pushing people to to do any activities digitally.

Most of the companies are really moving forward, instead of trying to keep the old system they are adopting the technology and work it out to continue everything, this pandemic really test everyone as surviving to situations is really tough but possible.

As long as you are willing to work things out and you are free in accepting any adjustments there's always room for surviving in.

pandemic will bring people to become productive, I saw the good impact that my country having peace through the internet where man has been thrilled therefore, Covid-19 is also have a good effects to anyone .

There are good implication even in the darkess stage of life, we just need to find things and treat it in the good ways and try to compensate from the situation.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Sithara007 on December 16, 2020, 01:11:02 PM
Most of the companies are really moving forward, instead of trying to keep the old system they are adopting the technology and work it out to continue everything, this pandemic really test everyone as surviving to situations is really tough but possible.

As long as you are willing to work things out and you are free in accepting any adjustments there's always room for surviving in.

Not just the companies, but also the individuals need to adjust their lives in order to make themselves more suitable for the transformed job market. If you are able to do that, then you will not just survive, but also thrive. From what I have seen, most of the pandemic-era job losses have occurred among those who have very narrow skill-set, which is suitable only for a certain sector.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: raidarksword on December 16, 2020, 01:20:22 PM
In terms of adopting new business strategies during this pandemic are those who are in food businesses wherein they adopted e-commerce technology, ordering online and delivering it door-to-door to their customers. With that strategies the e-commerce businesses are helping the economy to cope up during the hard times we are facing for couple of months.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: pecson134 on December 17, 2020, 02:33:00 PM
In terms of adopting new business strategies during this pandemic are those who are in food businesses wherein they adopted e-commerce technology, ordering online and delivering it door-to-door to their customers. With that strategies the e-commerce businesses are helping the economy to cope up during the hard times we are facing for couple of months.

Those business offering advertisement or those who's business were of mostly online service would gain a lot from this pandemic since it avoids direct contact to each other at most while delivering the service needed. But still if there would someone gain from this for sure that some other business would be hit badly by it.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: Cling18 on December 17, 2020, 03:16:06 PM
We have seen a lot of companies changing procedures and implementing more radical ways of doing their work.
Businesses have adopted new processes and technologies—and there are signs that they may pay off in the future. The pandemic and COVID-19 era could give a rapid productivity growth after the vaccination of the global population is going to end or reach a significant percentage.

Remote working and new systems that help companies being better organized are what businesses struggled a lot to adopt in the beginning of the pandemic. Now this kind of investment is going to pay off.

My company made a huge investment in adopting systems such as remote meeting places, cloud systems that help organizing documents, and a way of eliminating paperwork... I believe that this is going to increase the productivity of the employees especially if those go back to work.

Have you seen any changes in your working environment like these?

People and large businesses have learned how to deal and cope up with the new normal. We're now able to accept the changes and turn the hardship of the pandemic into more opportunities. I'm sure that everything will pay off at the right time especially now that we're all adopting the changes because of the pandemic situation. Businesses have switched to e-commerce which will benefit both the consumers and employees. If this happens continuously, e-commerce will continue to grow and it will surely affect the economy positively.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: hahay on December 17, 2020, 06:55:25 PM
It can also be said that a pandemic is the world's way of resetting the economy so yes, companies and governments will maximize for future economic progress because this will start with new steps. Whether it's online and offline jobs, there will at least be an update and adjustment in many existing fields, so it is likely that there will be many jobs available which is very much expected after many people have been laid off due to the pandemic.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: tippytoes on December 17, 2020, 09:58:30 PM
It can also be said that a pandemic is the world's way of resetting the economy so yes, companies and governments will maximize for future economic progress because this will start with new steps. Whether it's online and offline jobs, there will at least be an update and adjustment in many existing fields, so it is likely that there will be many jobs available which is very much expected after many people have been laid off due to the pandemic.
Governments are already changing the policies related to the employment sector which may look good in the short term but in the long term, they are going to pay more taxes which is good for the government but not really for the taxpayers. So pandemic may increase more productivity by decreasing the salary of their employees and hiring more employees for the same amount which they paid earlier so companies can see more yield but employee will suffer more due to the inflation rate.

I believe they will find a way how to meet halfway in the next coming months. This year is really a very difficult year, not only to one country but to the whole world. This is once in a lifetime experience. And most institutions or companies are not ready for this set-up, so we need to bear with them also as they design their new strategies to cope up with this new normal. And at the same time, we, as individuals, who are still affected by this change, look for options how we can survive in this trial period. Don't rely from our government, as their help is only limited. We need to help ourselves as much as we can.


Title: Re: Pandemic will bring more economic progress in long-term...
Post by: AndySt on December 17, 2020, 11:02:03 PM
It can also be said that a pandemic is the world's way of resetting the economy so yes, companies and governments will maximize for future economic progress because this will start with new steps. Whether it's online and offline jobs, there will at least be an update and adjustment in many existing fields, so it is likely that there will be many jobs available which is very much expected after many people have been laid off due to the pandemic.
I wouldn't be so optimistic about rebooting the economy because of the pandemic. many enterprises stop their activities and many people lose their jobs not because of the inefficiency of business processes, but only because of the presence of the pandemic factor itself, and if it were not for this factor, these enterprises could safely continue to work. It turns out an interesting situation when the economy adjusts to the pandemic and when we hope the epidemic will stop, I'm afraid there will be a new reset under new conditions.