Pandemic will bring more economic progress in long-term...

[Noctis Connor]

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.

[el kaka22]

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.

[BTCappu]

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.

[suzanne5223]

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.

[BuNga_cute]

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.

[Nellayar]

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.

[Rengga Jati]

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.

[Twentyonepaylots]

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.

[lixer]

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.

[Xinarae*]

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.

[nrvasquez]

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

[Casdinyard]

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.

[AniviaBtc]

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.

[Yatsan]

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.

[AndySt]

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.

[LogitechMouse]

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.

[Sithara007]

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.

[Findingnemo]

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.

[traderethereum]

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.

[Karartma1]

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.