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Author Topic: Pandemic will bring more economic progress in long-term...  (Read 757 times)
Naida_BR (OP)
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December 09, 2020, 05:15:33 PM
 #1

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?
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December 09, 2020, 06:25:42 PM
 #2

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!!

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December 09, 2020, 07:40:03 PM
 #3

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..

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December 09, 2020, 08:08:33 PM
 #4

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).

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December 09, 2020, 08:22:10 PM
 #5

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.

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December 09, 2020, 08:37:17 PM
 #6

 
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

 
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December 09, 2020, 09:29:59 PM
 #7

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.

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December 10, 2020, 03:39:44 AM
 #8

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.

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December 10, 2020, 04:56:03 AM
 #9

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.

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December 10, 2020, 07:45:13 AM
 #10

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. Grin
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.

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December 10, 2020, 08:08:44 AM
 #11

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.

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Strongkored
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December 10, 2020, 09:05:07 AM
 #12

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

Latviand
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December 10, 2020, 09:29:45 AM
 #13

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.
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December 10, 2020, 09:47:10 AM
 #14



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. 

BACK FROM A LONG VACATION
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December 10, 2020, 09:58:15 AM
 #15

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.

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December 10, 2020, 11:02:42 AM
 #16

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.

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December 10, 2020, 01:26:33 PM
 #17

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.
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December 10, 2020, 04:19:52 PM
 #18

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.
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December 10, 2020, 05:25:10 PM
 #19

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.
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December 10, 2020, 05:27:24 PM
 #20

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.
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